As FY 25 draws to close in next two days, here are key financial tasks related to tax planning individuals must check before ...

Many are talking about claiming a 2021 recovery rebate credit. But do you qualify? And what do you need to do to claim it?

The Updated Income Tax Return-Update (ITR-U) gives taxpayers the opportunity to voluntarily disclose undisclosed income or ...

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...

Generally, April 15 is the deadline to file your income tax forms with the Internal Revenue Service. Unless you've overpaid and are eager for a refund, you may be tempted to put off the paperwork.

Individuals who earn $67,000 or less, people with disabilities, those with limited English proficiency, and taxpayers aged 60 ...

The Central Government and Income Tax Department fixed the income limit for all the people in the country. People earning more than the income limit have to pay tax on their share of income. The ...

California Attorney General Rob Bonta issued a consumer alert Wednesday urging Californians to see if they are eligible for ...

If you chose the new tax regime last year, you can opt for the old one this year — provided you make the decision before the ITR filing deadline (July 31, 2025). However, the old tax regime is ...

Laws enacted at the end of 2024 made important changes to the ACA reporting requirements. The laws codified an alternative option for furnishing certain forms to individuals and authorized the IRS ...

It not only simplifies the ITR filing process but also reduces the ... What if you don't receive your Form 16 Despite its benefits, individuals can still proceed with their income tax filings ...

While Form 16 simplifies the ITR filing process, it is not mandatory. You can still file your income tax return using alternative documents, such as: Salary slips – To verify your salary income and ...