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

This form is mainly for those individual taxpayers whose income comes from simple sources, such as salary, pension or ...

The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.

The Madras High Court mandates an online application for GST order rectification clarifying that a timely offline application serves to meet the limitation period under Section 161 of the GST ...

Seniors can cut property taxes with exemptions, credits, and layered deductions. Timing, residency, and state rules all ...

Mercury reports the One Big Beautiful Bill Act introduces tax changes benefitting ecommerce, like a permanent 20% deduction ...

A granddaughter (whether the son’s daughter or the daughter’s daughter) is treated as a lineal descendant of the donor and ...

Govt may impose new taxes on junk food and cigarettes to fund the Rs212 billion Jinnah Medical Complex project in Islamabad.

Top EVs and PHEVs to Snag Before Tax Incentives End Sept. 30 If you’ve been thinking about getting an electric vehicle (EV) or plug-in hybrid (PHEV), this is a gentle reminder that the federal tax ...

Consequently, the petition was admitted, moratorium under Section 14 of the IBC was declared and Interim Resolution Professional was appointed to conduct the Corporate Insolvency Resolution Process of ...

If you’ve been eyeing an electric vehicle (EV) as your next ride, the clock is ticking. The federal EV tax credits—worth up ...