The Central Board of Direct Taxes (CBDT) has released all Income Tax Return (ITR) forms for Assessment Year 2025–26 (FY ...

As the ITR 2025 deadline approaches, many taxpayers are confused about what documents to gather and which regime to opt for. Here is everything you need to know ...

If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, ...

Republicans are looking everywhere for ways to raise more revenue short of raising taxes. This magic trick is not easily accomplished. Taxpayers, even those embracing the MAGA mindset, are not holding ...

ITR filing 2025: As the income tax department has released ITR-1, ITR-3, ITR-4, and ITR-5 forms, the filing of income tax returns for AY 2025-26 (FY 2024-25) is imminent. When filing their ITR ...

Financial disclosures show wide income disparities among candidates, from Mikie Sherrill's $3.2 million to GOP hopeful who ...

Ever looked at your paycheck and wondered why your take-home pay seems off? It might have something to do with your W-4 form. If you’re starting a new job, picking up a side hustle or going ...

Also read: Tax filing gets easier: New Form 16 format may change how you ... TIS to make filing easier for taxpayers with pre-filled information. While these technological improvements will ...

Now Form 16 will have more details. Earlier, it used to have only basic information, but now you will get more detailed information. Now taxpayers will be able to know which allowances are tax ...

However, in February, the Canada Revenue Agency (CRA) noted: “as a result of the change to the effective date of the proposed capital gains inclusion rate increase, the information to be ...