The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms ...

IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security taxes, and Medicare taxes withheld from ...

The IRS reminds disaster victims that the extended tax deadline is May 1, 2025, for those in FEMA-designated areas ...

The IRS has introduced a strategic initiative to encourage citizens to report tax fraud, offering financial rewards for ...

South Carolina residents had extra time this year to file income taxes because of Hurricane Helene, but that time is about to ...

The IRS advises taxpayers not to depend on receiving a refund by a specific date, particularly when making significant ...

The IRS offers the amended tax return process to ensure accurate federal tax records for individuals or entities. Even for ...

A financial advisor can help you assess whether the correct amount is being withheld and recommend adjustments to avoid surprises come tax time. Withholding tax refers to the portion of your income ...

This little-known tax credit could save your business thousands of dollars per eligible hire. Here's how it works.

T he taxation of Social Security benefits is determined through a specific calculation. While not all benefits are tax-free, ...