Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...

In a release issued under the same headline on November 10th, 2025 by Herzfeld Credit Income Fund, Inc. (NASDAQ: HERZ) (the 'Fund”), please note that in the table under the 'Distribution in Stock and ...

For more than three years, federal student loan borrowers have been shielded from paying taxes on forgiven debt, a rare bit ...

The Court condoned a 31-day delay in filing Form 10B after finding the reasons bona fide and linked to COVID-19 disruptions. It set aside the rejection order and directed reprocessing of the return ...

The Tribunal held that an assessee is entitled to TDS credit if the tax was deducted at source, even if the employer failed to deposit it or issue Form 16. Tax authorities cannot penalize the employee ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

Public Provident Fund (PPF) is not just a tax-free savings scheme. By extending the account after the initial 15-year lock-in ...

We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their companies, and upon receiving it, we simply use it when filing their ITR. But did ...

While Meta said it expects federal cash tax payments to drop significantly because of the One Big Beautiful Bill Act passed by Congress, but the implementation of that act also led to the recognition ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

HMRC has warned UK households there are "just six months to go" before a big income tax change. Tax returns are changing – with a new way to record and report your income and expenses. This is called ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...