It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and ...

Andhra Pradesh High Court recently addressed a dispute concerning the filing of ‘H’ forms after the completion of sales tax proceedings. The petitioners argued that there is no strict time limit for ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here ...

The tribunal reviewed legal precedents, including rulings by the Orissa, Telangana, and Bombay High Courts, which consistently held that procedural delays in filing Form-10B should be condoned if ...

He stated that he believed reporting accumulation in Form 10B (audit report) was sufficient and was unaware of the requirement for a separate Form 10. Due to this oversight and the COVID-19 pandemic, ...

ITAT Chennai held that Form 56F not signed by an accountant, as referred in section 10A (5) of the Income Tax Act, is defective and hence deduction under section 10A of the Income Tax Act not ...

JCIT (A) upheld the CPC’s action, stating that under section 115BAC, once the option for the new regime is exercised, it cannot be withdrawn for the current year, only for subsequent years. However, ...

Divorce is a significant life transition that brings about various changes, including how you handle your taxes. To ensure a ...

Summary: The Telangana High Court ruled on a petition filed by Krishna Automotives, challenging an order dated December 27, ...