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

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 ...

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

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

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

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 ...

Homeowners can deduct the interest paid on a HELOC from their federal income taxes as long as they use the funds for home ...

Taxpayers remain unable to claim the Section 87A rebate on STCG income due to outdated ITR processing logic, even after recent updates to filing forms by the Income Tax Department.

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

To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...

Tee Siew Gim is the fourth undertaker to be prosecuted for tax offences since IRAS started investigating the funeral industry ...