The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...

As millions scramble to meet the January 31 self-assessment tax deadline, HMRC has warned people to check if they might get ...

The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...

You may be able to deduct your health insurance premiums if you are self-employed and buy your own health insurance. Find out ...

Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after recent updates to filing forms by the Income Tax Department.

Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

Here's a breakdown of when funeral expenses are tax deductible, how to document these expenses for estate deductions and ...

With the turn of the calendar, taxpayers should be preparing to file their 2024 tax returns. The Internal Revenue Service ...

The IRS will begin processing 2024 tax returns sometime during late January 2025. Sledding is prohibited on U.S. Capitol ...

Around 3.4 million New Yorkers may be eligible to use the state's free Direct File program this year as it will cover more ...

While it’s undeniably early days, the Internal Revenue Service will tell you it’s not too early to think about the income-tax ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...