If you plan on filing your own taxes this year, you may qualify for a simple tax return. You can file a simple tax return for free using one of the many tax filing programs we recommend.

In the newly updated Social Security for Dummies, you’ll find all the basics on Social Security, plus the latest updates and changes, so you can make the most of your benefits. With clear, jargon-free ...

Benjamin Franklin coined the famous saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and ...

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

Prior to 2018, investors could deduct some or all of their investment advisory fees on their federal tax returns. The Tax Cuts and Jobs Act of 2017, effective for tax years 2018 to 2025 ...

The various details that are required when filing TDS returns are mentioned below: Organisations and employers who have a valid Tax Deduction and Collection Account Number (TAN) can file TDS returns.

In case TDS returns are filed after the due date, or there are discrepancies in the return forms, the following penalties shall become applicable: Penalty under Section 234E: Under this section of the ...

An Athens woman faces up to 30 years in prison after she recently pleaded guilty in U.S. District Court to filing more than $3 million in fraudulent tax returns on behalf of her clients.

The Income Tax Act exempts the income of a charitable trust from the scope of Income Tax. However, the exemption will be granted on the fulfilment of the specified conditions. The specified conditions ...

A bill signed into law by President Joe Biden on Dec. 12 will allow residents to amend their tax returns for 2021, '22 and '23 and deduct disaster-related losses. Sponsored by Republican Rep.

Knowing the annual gift tax exclusion can save you money and spare you from filing gift tax returns. Here’s what you need to know about the federal gift tax and how much you can offer as a one ...