Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...
With only a day left to file income tax returns, many taxpayers are rushing to submit their ITR at the last minute before the deadline. Some may still have important questions about the process, the ...
President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 ...
The Income Tax Department (I-T) on its official website has enabled the ITR-5 and ITR-7 forms for online filing. Both forms are available with prefilled data, the I-T Department has informed on its ...
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 ...
His Majesty's Revenue and Customs (HMRC) is encouraging the public to meet a key deadline in under a month. The tax office stressed the importance of registering for a Self Assessment return by ...
Since April 2020, Indian taxpayers have two options: the old regime with higher tax slabs but exemptions and deductions like HRA, LTA, and Section 80C, and the new regime with lower rates but no major ...
Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed ...
U.S. President Donald Trump is set to sign a proclamation Friday that would make H-1B visas contingent on a $100K payment, according to a media report. The move will mark Trump's latest move to crack ...
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 ...