Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

I was still budgeting, but I was quickly spending more than I earned. I told myself I could manage it. But I wasn't managing it. I was leaning on my credit card more and more, convincing myself ...

S.51 includes an expanded child tax credit, increases the earned income tax credit from 38% to 100%, increases income thresholds for retirees receiving Social Security and other pension income, a tax ...

This boost is further supported by strong commissions from forex operations and interest income on government securities. The Reserve Bank of India likely earned a higher income from the deployment of ...

Capital loss on share buybacks will be allowed if corresponding dividend income is disclosed as “Income from Other Sources,” effective from October 1, 2024. The threshold for reporting assets ...

The Income Tax Department has released ITR form 3 for FY 2024-25, featuring key changes like an increased asset/liability reporting threshold and revised capital gains reporting. A significant ...

The Boston Red Sox entered the offseason with some questions at the catcher position. Connor Wong was preparing for another season as the team's No. 1 catcher, but the backup posiiton was up in ...

Income Tax Return Filing AY 2025-26: Even as the income tax department has notified ITR-1 and ITR-4 forms for the assessment year 2025-26 (financial year 2024-25), the income tax return filing is ...

According to experts, income tax return (ITR) filing is expected to begin next week, with the last date for filing without an audit being July 31. Typically, ITR filing starts in April ...

ITR Filing: Income Tax Department has now released forms 1 and 4 now for filing of tax return for FY 2024-25. The last date to file tax returns for individual taxpayers is July 31. There are two ...