The Income Tax Act, 1961 has specific provisions regarding employer contributions to Provident Funds (PF), pension schemes, and similar funds. If an employer contributes more than ₹7.5 lakhs in a ...
ITR filing: Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online ...
A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible to receive the 2021 Recovery Rebate Credit but didn’t claim it on ...
The payments are for those who didn’t claim a Recovery Rebate Credit on their 2021 tax returns. That credit was available to people who missed one of the COVID stimulus payments or didn’t receive the ...
Troubles in the Burleigh County Auditor/Treasurer's office, a ban on public encampments and the opening of the new Mandan High School building shaped 2024 in the Bismarck-Mandan area.
An IRS leadership change could signal a new direction for the tax agency and add intrigue and chaos to the 2025 tax narrative. And...IRS "stimulus checks" are going to one million taxpayers in the ...
In addition to federal tax brackets changing, some provincial tax brackets may change, too. The basic personal amount (BPA) is a non-refundable tax credit that anyone can claim. Back in 2019 ...
Let's say a car registered in 2019 would be taxed at a higher rate than the exact same make that was registered in 2016. Will the cars registered in 2019 or 2020 benefit from the motor tax changes in ...
When it comes to taxes, 2025 won’t bring any huge changes: Most of the tax changes going into effect ... she appeared on the 2021 list as well. In 2021, Barron’s named her as one of the ...