The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax ...

Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated tax disclosures.

Section 170(f)(12) requires that a donee organization provide an acknowledgement to the donor of this type of property and is required to file the same information to the Internal Revenue Service.

ITR Filing 2025: The Income Tax Return (ITR) filing season is underway following the reinstatement of form utilities. Salaried taxpayers are advised to await their Form 16 or Form 16A, the Tax ...

Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit statement and AIS is comprehensive view of information for a taxpayer ...

According to the Income Tax Act, employers are required to provide Form 16 on or before June 15 at the end of the financial year. Form 16 is mandatory for salaried taxpayers.

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...

1. Log in to the Income Tax Portal: Visit https://www.incometax.gov.in and log in using your PAN and password. 2. Select Pre-filled ITR: Choose the applicable ITR form (mostly ITR-1 for salaried ...

ITR Filing 2025: The income tax filing season 2025 has started, with the Excel Utilities for ITR-1 and ITR-4 already available for download on the e-filing portal. So far, a total of 1,23,075 ITRs ...

All foreign suppliers new to UB are required to submit a completed W-8 tax ID form and an Order Preferences, Sourcing & Contact form to Procurement Services as confirmation of their business identity.

ITR-2025: As a taxpayer, you should know which form applies to you based on the source of your income. Here we give a lowdown on common income tax forms ...

The IRS has issued a new alert warning taxpayers about a rising 2025 scam involving fake refund emails designed to steal personal information. As of June 4, reports of phishing attempts have surged ...