The income limits for each tax bracket are increasing slightly in 2025. Calculate your taxable income by subtracting adjustments and deductions from your gross income. With marginal tax brackets ...

This requirement is outlined in the Internal Revenue Code (IRC). Certain tax-exempt organizations are required to use Form 990: Return of Organization Exempt From Income Tax to fulfill their ...

The Income Tax Return (ITR) is a required process for taxpayers to report their earnings and tax payments to the IRS (Indian Revenue Service), and it must be submitted by the specified deadline Filing ...

ITAT Kolkata held that Rule 128 (a) does not preclude the assessee from claiming credit for FTC in case of delay in filing the required form no 67. Also held that filing of form 67 is procedural ...

The IRS said Friday that it is providing relief from certain penalties imposed solely for failure of a partnership with unrealized receivables or inventory items to furnish Part IV of Form 8308, ...

In a significant move aimed at enhancing tax compliance and transparency, the Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to address the discrepancies between the income ...

Here is a list of our partners and here's how we make money. The 1099-INT is a type of IRS form that shows how much interest an entity paid you throughout the year. You might receive a 1099-INT ...

The policy shift comes after The Australian Financial Review revealed poker machine giants Aristocrat and Ainsworth Game ...

You can file state and federal returns for free with access to nearly every IRS form and schedule, although there's no real professional support and multistate returns aren't supported.

The IRS has estimated that it will receive 44 million Forms 1099-K, Payment Card and Third Party Network Transactions, under the $600 threshold, more than three times the 14 million that it received ...

IRS LB&I has updated several pieces of administrative guidance, including a notice regarding the transition period for complying with ...