Here's how you can claim contractors claim the 45L energy efficient home credit using Form 8908 for ENERGY STAR and ZERH ...

Last week, the government of Alberta said it plans to add mandatory citizenship markers to driver's licences and other forms of identification. Premier Danielle Smith said the move would "ensure ...

Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift!

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

ITR Filing News LIVE Updates: With just three days left before the September 15 ITR filing deadline for AY 2025-26, speculation is high on whether the Finance Ministry will announce another extension.

The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...

The final day to file your taxes if you received an extension ahead of the original April 15 "Tax Day" deadline is just six ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Ebony Howard is a certified public accountant and a QuickBooks ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they suddenly find themselves in need of financial assistance and turn to you for ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...