Some of the biggest tax changes in years could hit your federal return right now. From untaxed tips and overtime to a new ...
The ITAT held that interest earned by a co-operative credit society on bank deposits qualifies as business income. Such income is eligible for deduction under Section ...
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Income tax forms to be renumbered from April 1, 2026: Form 16 becomes 130, 26AS renamed 168
Major changes are on the horizon for taxpayers as the government prepares to implement the new income tax framework from ...
The One Big Beautiful Bill Act made some long-awaited permanent changes to the tax code. It also introduced short-term tax breaks that come with strict limits and phaseouts, and many of them are only ...
The first week of the 2026 tax filing season shows a slower start for tax returns and IRS processing, but early filers are receiving larger refunds than a year ago.
To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...
Gathering all your documents, signing up for direct deposit and keeping copies of your tax returns are some of the best practices when it comes to preparing to fill out your taxes.
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