You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file a free tax extension that will give you an additional six months to ...

These cross appeals are filed by the assessee and the revenue against the order of the Learned Commissioner of Income-tax (Appeals), Mumbai/National Faceless Appeal Centre, Delhi [hereinafter referred ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form ... tax credit (DTC) is a non-refundable tax credit that helps people with disabilities, or ...

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

The Telangana High Court reviewed a writ petition filed by Global Organisation for Development against the Commissioner of ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

A pedestrian walks past an H&R Block tax preparation office in Seattle, Washington, U.S. March 31, 2020 ... amounts if any ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...