News

Now is the time to start preparing for the next tax season. Begin by marking these dates on your calendar today.
Tax filing deadline looms for one group of U.S. taxpayers -- those who are U.S. citizens or resident aliens now working or ...
“A missing or incorrect W-2 form could cause a delay,” Trank says. Trank says you may receive a notice from the IRS showing the difference between what you reported on the tax return and what ...
It has been almost 2 months since the new financial year started. The Income Tax Department has soon issued a notification to ...
But does Uncle Sam take a cut of your credit card rewards come tax time? Below ... Other types of bonuses Bottom line Generally, the IRS doesn't classify the credit card rewards you earn from ...
The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely on proposed regulations until they are final.
Circular: No. 48 -Income Tax I am directed to invite a reference to the Board’s Circular No. 22/68-IT(B) [F. No. 12/23/68-IT(B)], dated 28-3/13-5-1968, regarding the provisions of section 194A.
Circular No. 78-Income Tax Attention of the Commissioners is invited to the enclosed handout issued by the Board to the Press Note on 21-1-1972 [printed here as Annex] under which general extension of ...
Circular No. 53-Income Tax In pursuance of regulation 42 of the Unit Trust of India General Regulations, 1964, and in supersession of the Notification No. UT/120/Secy. 52/80-81, dated January 3, 1981, ...
The Income Tax Department has released all ITR forms from ITR-1 to ITR-7 for the financial year 2024-25 (Assessment year 2025 ...