The 2021 Recovery Rebate Credit was one of three COVID stimulus payments sent to households amid the pandemic. In March 2021, ...

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...

CIT (A) dismissed the appeal holding that there was a delay in filing of Form-67 and as per sub-Rule 9 of Rule 128 of the Income Tax Rules, 1962 it was mandatory, ignoring the judgment pronounced by ...

When living and working abroad in Europe as an American, keeping track of many of life’s constants - particularly regarding ...

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 ...

When Ann Townson first moved into her flat in a retirement community ...

Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who ...

Like other income, capital gains are taxed. Let's examine which capital gains tax rate applies to which investments. Understanding capital gains The tax rate you'll pay on capital gains can be ...

This is not the first time the IRS has delayed the reporting requirement, having done so in 2022 and then again in late 2023 ...

Certain tax-exempt organizations are required to use Form 990: Return of Organization Exempt From Income Tax to fulfill their annual reporting obligations. Organizations that use Form 990 are ...

Form 8962 has to be included with your tax return if a premium tax credit was paid on your behalf during ... regardless of why they would otherwise have had to do so). The law also eliminated the ...