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House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
Many retirees are unaware that their Social Security benefits can be subject to federal taxes, depending on their income ...
Many retirees may not realize that Social Security benefits are subject to federal taxes if their income exceeds certain ...
State legislators are advancing a plan that would allow all taxpayers to electronically file their Minnesota income tax returns free of charge. The provision is part of the mega House omnibus tax ...
The government has notified Income Tax Return (ITR) Forms 1 (Sahaj) and 4 (Sugam) for Assessment Year (AY) 2025-26, aiming to make filing returns simpler for small taxpayers and salaried individuals, ...
the income tax department will soon enable income tax returns filing for the financial year 2024-25 (or assessment year 2025-26) on its portal, both offline and online. The government has also made ...
In a move set to ease the tax filing burden for a significant portion of the taxpayer base, the Income Tax Department has officially notified the Income Tax Return (ITR) forms 1 and 4 for the ...
Filing an Income Tax Return (ITR) for the assessment year 2025-26 requires various documents based on your income sources and chosen tax regime. Essential papers include the Permanent Account ...
Income tax return (ITR) filing is a challenging task for many people. The process can be daunting, particularly for taxpayers who are filing their return for the first time. While the difference ...
The filing of ITRs usually kicks off in April, once the Central Board of Direct Taxes (CBDT) releases the relevant forms. For AY 2025–26 (covering income earned during the financial year 2024–25), the ...
RICHMOND — Virginia Tax is reminding taxpayers in Virginia that the filing and payment deadline is Thursday, May 1, to file a return. “We are, as always, encouraging you to file electronically ...