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Five things to remember as you file your ITRs at the last minute
ITR-1 form is designed for resident individuals who have income from salary, one house property, an…
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
Direct File is the most important tech product of 2024, helping you to finally file your taxes for free
Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…
Alistair Barr
You can now file your taxes directly to the IRS for free — if you live in 1 of these 12 states
The IRS has launched a free tool for taxpayers to file tax returns online, but there's a catch: you…
Dominick Reuter
Made a mistake while filing tax returns? Here’s how to file a revised ITR
The process of revising a tax return involves making necessary updates and corrections to a previou…
Zomato gets service tax demand and penalty order of ₹184 crore
Online food delivery platform Zomato said it has received a service tax demand and penalty order ag…
PTI
Received a tax mismatch notice from the IT department? Here is how to set it right
An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …
How to file income tax return online for salaried employees 2022-2023
If you are new to filing income tax returns online, you must know that it is a very easy process. V…
The IRS is rolling out a free tax filing pilot in 13 states. Here's where and who's eligible.
Taxpayers in 13 states may be able to try out the IRS's new free filing pilot in 2024.
Juliana Kaplan
IT department releases ITR 1 and ITR 4 offline forms ahead of time
The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…
ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies
To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…
The FTC is going to war with tax services that bill themselves as free
Following its Intuit ruling, the FTC set its sights on H&R Block, accusing the company of deceptiv…
Grace Eliza Goodwin
Missed filing your tax returns? Here’s what you pay in late fee & penalties
Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…
SpaceX files to relocate to Texas after Elon Musk's spat with Delaware over pay package
Elon Musk vowed to take Space X's business out of Delaware after a judge voided his pay package.
Lauren Steussy
Tax implications on income of a minor – What every parent should know
Income earned by a minor child from activities involving their skills, talent, or specialised knowl…
Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
The IRS is ramping up enforcement on the ultra-wealthy, and it's already raked in about $160 millio…
Juliana Kaplan
3 ways you can avoid refund delays this tax season, according to the IRS
If you're due for a refund this year, be sure to file electronically: The IRS says it should come i…
Juliana Kaplan,Joseph Zeballo…
The US is moving one step closer to letting Americans file their taxes online for free directly to the IRS, cutting out private companies like Turbotax and H&R Block
In some countries, people just reply to a text to confirm their taxes are correct. That could soon …
Joseph Zeballos-Roig,Juliana …
OPINION: These tech issues need clarity and amendments
India’s tax regime is being geared up to cover newer tech business models. However, …