ITO before the ITAT Pune pertains to the denial of Foreign Tax Credit (FTC) due to the delayed filing of Form 67. The assessee, a resident taxpayer, had declared an income of ₹28,88,780 for AY 2021-22 ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...

If you can't wait that long, H&R Block offers a no-interest tax refund advance loan that can make up to $3,500 available the same day you file. H&R Block has a free tier for simple returns and ...

US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures are gradually diminishing and no longer a key driver of inflation. The ...

Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill. The £36 ...

If you’re a freelancer or have your own business and get paid through a third-party app, you may find a new tax form in your mailbox ... K Form 1099-K FAQs In 2021, Congress lowered the ...

Final judgement on 87A tax rebate claim: The 67 page Bombay High Court judgement says yes taxpayers should be given the option to file their ITR with Section 87A rebate claim and the income tax ...

This story is part of Taxes 2025, CNET's coverage of the best tax software, tax tips and everything else you need to file your return and track your refund. Around 3 million people pass away in ...

Each year, people wonder if they should do their own taxes or enlist a professional. We'll help you decide what to do for tax ...