Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

Thousands of taxpayers in the tri-state area are part of the over 1.1 million people across the nation who have unclaimed refunds for tax year 2021 and have until April 15 to file their Form 1040, ...

Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the ...

The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...

The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury ...

The IRS estimates that taxpayers who have not filed their Form 1040, Federal Income Tax Return, for the 2021 tax year have ...

Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401(k) ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Summary: Choosing the correct Income Tax Return (ITR) form is essential for accurate tax filing. The type of income you earn—whether from salary, business, capital gains, or foreign sources—determines ...

So, after you file an ITR, you get four years from the end of ... If it’s a notice for underreported income, the taxpayer can submit Form 68 to request immunity from penalty and that he will ...