Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the ...

The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...

Taxpayers must select an ITR form and file their returns according to their total income, the nature of their income, and ...

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal ...

ITR-2 is meant for individuals whose annual income is above Rs 50 lakh or who earn from sources like rent, capital gains, or ...

The Income Tax Department has introduced a new Excel-based utility for ITR-2 which was launched on March 25, 2025.

Form 10B is not just a routine form— it’s the gateway to exemption for charitable and religious institutions under the Income Tax Act. Trusts must maintain proper books of accounts and ensure timely ...

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

A 1099-K form is issued by credit card companies and third-party settlement organizations (TPSOs) — think payment apps and ...

CPA personal financial planners’ ability to discern the story inherent in a client’s tax returns brings unique value to the ...

If you qualify, you can use one of the IRS’ eight “private-sector partners” to complete your federal returns at no cost. Some ...

Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...