Most households don’t have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people ...

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Filing crypto taxes can feel like a mammoth task to perform. Between tracking every trade, calculating gains and losses, and ...

If your tax liability is more than you can handle by the filing deadline, you have a few options—including help from the IRS itself. We explain everything you need to know so you can plan ahead.

Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last ...

With the updated ITR deadline nearing, a meticulous review of your income, tax liability, and payment is paramount.

ITAT Pune acknowledged that the trust was given less than a week to comply, contrary to the Central Board of Direct Taxes’ guidelines mandating a minimum 15-day response time for notices under Section ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are owed $781 or even more.

By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...

If your monthly rent exceeds ₹50,000 and you’ve claimed HRA without deducting Tax Deducted at Source (TDS), the Income Tax Department’s automated system may flag your return.