Will Budget 2025 simplify tax filing for the common man?
A clearer system may lead to fewer disputes with tax authorities, fostering a more cooperative relationship between taxpayers ...
Many crypto investors’ transactions this year will be reported to the IRS for first time
In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns.
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local tax payments.
ITR Filing: Did you miss the deadline to file revised or belated ITR? Here's what you can do
Failure to submit your ITR by the January 15, 2025 deadline may result in the inability to revise your AY2024-25 returns, potential notices from the Income Tax Department, and additional penalties ...