Taxpayers requiring an audit must also submit a tax audit report before filing their ITR. This report includes critical ...

Filing taxes may appear overwhelming due to the various slabs, exemptions and the different Income Tax Return (ITR) forms issued by the IT department. This confusion is especially prevalent among ...

Here's when to file your business registration paperwork and how to decide whether a delayed filing (a.k.a. delayed effective ...

February 2025 is poised to usher in a new era of tax simplicity in India, as the upcoming Union Budget 2025-26 aims to reform ...

Although third-party payer arrangements can be beneficial, some employers are learning they can also come with headaches of their own, particularly regarding the ERC.

Around 48 million people are beneficiaries of the Child Tax Credit to help with the support of their children, as they are ...

ITAT Ahmedabad held that dismissal of appeal by CIT (A) on technical/ procedural aspect merely because the appeal was filed manually instead of e-filing unjustified as assessee was not given an ...

For effective financial management and to avoid penalties, keeping track of deadlines is crucial. Here are some important ...

Effective tax planning can significantly lower your taxable income, potentially saving you thousands annually and freeing up more of your hard-earned money for saving and investing.

IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

Learn how to master the nuances of TDS return forms like Form 24Q, 26Q, 27Q, and more. Discover pro tips for error-free ...

Not paying your taxes can lead to significant consequences. The IRS may charge penalties and interest on unpaid amounts, ...