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

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

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 ...

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 ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

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 ...

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 ...

People who earn above a specific amount must pay tax on their income and it is called income tax. The government sets the tax ...