Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

The CBDT invites stakeholders to provide input on the Income-tax Bill 2025, including simplification of rules and forms. Suggestions can be submitted online.

Experts have told Mississippi Today that deep federal spending cuts, along with the elimination of the state income tax, ...

Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.

Taxpayers who have not filed 2024 income tax returns are told not to rush because they're worried about delays. Take time to ...

The Income-tax Bill 2025 grants tax officers power to access digital spaces, including social media and bank accounts, to combat tax evasion, with safeguards to protect privacy and ensure compliance w ...

The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the Income Tax Bill undergoes review.

Form 16 for FY 2024–2025 must be issued by June 15, 2025. If your employer withheld TDS between April 24 and March 25, you must submit Form 16 by June 15.

Tax season isn’t the most joyful time of year, but it’s certainly one of the most important. With the filing deadline ...

The new Bill, announced in the Budget and subsequently tabled in Parliament, is undergoing scrutiny by the select committee ...

Regarding the Income Tax Bill 2025, which was introduced in Parliament and is currently under examination by the Select Committee for detailed consideration, stakeholders are encouraged to continue ...