"No tax on income up to ₹12 lakh!" The announcement in the Union Budget 2025, made by finance minister Nirmala Sitharaman on 1 February, was music to the ears of many taxpayers. Take Mr. A ...

The IRS says this may require more time review your filing and the agency may ask that file an amended return form. If you filed for a refund under the Earned Income Tax Credit (EITC) or ...

The new Trump administration and congressional Republicans are collaborating on a new tax bill that they hope to pass into law by the end of April. The most important conditions in the ...

Many taxpayers are eager to file returns quickly to collect refunds, but it’s important to gather the necessary tax forms first, experts say. Every year, employers and financial companies report ...

If you have been active in the crypto space, knowing what tax forms to expect and how to handle them is crucial. Here is a breakdown of what you should look out for from crypto platforms.

No such credit exists for 2023 or 2024 tax returns. But scammers suggest wrongly using Form 7202 involving credits for sick leave in 2020 and 2021. Don't work with a ghost: Some tax preparers are ...

I hadn’t either — until Massachusetts governor Maura Healey unveiled her $62 billion budget proposal last week, which includes an initiative to strip candy from its sales tax exemption.

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

Don't wince. This required tax form controls how much tax will be withheld from your paychecks and affects your take-home pay. Form W-4 is your friend and it's not difficult to fill out.

The IRS crackdown on the crackpot tax tips that flooded TikTok and other social media platforms in recent years will include a brand new form for the misused fuel tax credit, a more stringent IRS ...

Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English ...