FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Standing Committee for review—incorporated ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

Tax refunds can feel like the reward for the hassle of filing your taxes, but many Americans forget that this is not extra ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax ...

On January 30, 2025, the term Chartered Cities Explained drew significant attention from both cryptocurrency enthusiasts and casual internet users. This surge in interest was tied to its inclusion in ...

Since Narendra Modi and the NDA government took office in May 2014, there hasn’t been much change to personal income tax laws, leaving many taxpayers frustrated. However, there have been some ...

More taxpayers will be bewildered when a 1099-K hits the mailbox this tax season. And the temptation might be to pitch it, which would be exactly the wrong thing to do. This year, taxpayers will ...

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

The BR, D0, and D1 codes indicate that all income is taxed at basic, higher, or additional rates, respectively. The K code shows that the individual has income exceeding their tax-free allowance, ...

One of the speculated highlights is the possible income tax relaxation for individuals earning up to Rs 15 lakh annually. With tax terminology often causing confusion, it’s essential to clarify three ...