Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...

Accounting students from Montana State University's Jake Jabs College of Business and Entrepreneurship are offering free tax ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Tax authorities in September 2024, issued a notice to the German automaker for evading taxes, to the tune of $1.4 billion, by wilfully paying lower customs duties on components imported for the ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

The fate of Salem's libraries, parks and Center 50+ returns to Salem City Council on Monday. Council members will vote on ...

Kolkata recently allowed the appeal of Terai Fruits Company in a case concerning a penalty levied under Section 270A of the Income Tax Act. The case originated from a reassessment proceeding where the ...

With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

Frank Seung Noah of Corona pleaded guilty to defrauding clients of over $5 million and evading $1 million in taxes.