You could see this tax form for the ‘first time ever' this season, taxpayer advocate says
You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
A global corporate tax turf war between Trump, the GOP and U.S. allies is brewing
As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory ...
Income tax filing deadline is April 15 so use a professional tax preparer | Opinion
Citizens who let tax preparers to list the preparers’ bank account and get their tax refunds lost their stimulus funds to the ...
3 Common Types Of Income And How You Can Maximize Yours
Learn about the common types of income: earned, passive, and portfolio. Discover tips and strategies to maximize your income.
Will new income tax bill increase tax burden? What taxpayers can expect from it?
Many taxpayers are awaiting the draft of the new income tax bill 2025. The government has said the new income tax bill is ...
Tax Breaks: The IRS Criminal Investigation And Cancer Scam Edition
Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing ...
IRS delays popular child tax credit refunds for 2024 returns. Here’s how to claim them
Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...
New Income Tax Bill 2025 to propose no tweaking between old, new tax regimes every tax year; here's what it means for taxpayers
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
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Inheritance income tax proposed to be scrapped
The People’s Committee of central Ninh Thuan Province has called for removing tax on inherited assets. The tax is ...
Lok Sabha Speaker Forms 31-Member Panel To Examine Income Tax Bill; BJP Vice President Baijayant Panda Appointed Chairperson
New Delhi: Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax ...
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Income tax benefits for yoga practitioners in India
Donations to institutions promoting yoga are tax deductible under Section 80G of the Income Tax Act. Individuals can claim a ...
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New Income Tax bill: What is tax year and how is it different from assessment year?
The new bill aims to simplify the existing Income Tax Act and one of the key changes introduced in the New Income Tax Bill, 2025, pertains to the concept of the 'tax year.' ...