All taxpayers in the country are expected to make their submissions by September 15 while those requiring an audit must file by September 30.

Visit the IRS: Or, go to the source: Visit the IRS website to find additional information on RMDs, such as what they are, the types of retirement plans that require RMDs, the timeline for taking ...

Numerous employees get confused about why the money they take home is less than the gross pay they see on their salary slip.

Income tax is charged on most types of income but tax allowances protect some from the taxman. Following the end of the tax year, which falls on 5 April each year, we look at the income tax rates and ...

Look at your Form 1040 and divide the total tax, which is the number found on line 24, by the taxable income figure found on ...

Tax codes are crucial in determining how much tax you pay on your income, and they are not as confusing as you might think ...

Income Tax Return: Filing income tax returns (ITR) is a crucial financial task every year. It is not just a legal obligation but also an important part of handling your finances. For salaried ...

Employee Stock Option Plans (ESOPs) lead to tax at two points and misreporting may lead to mismatches, notices or interest. On exercising the options, the amount that you pay above the exercise price ...

Instead of asking for total itemized deductions, the form has separate lines for: ...

Income Tax Return: Filing an Income Tax Return (ITR) is an important obligation for every taxpayer in India. It allows them to report income, claim deductions, and pay any pending taxes. The Annual ...

Many Australians support the government’s plans to change the way large super balances are taxed. Yet key aspects of the ...