While many Americans have already received their 2024 tax returns, others are only now getting their deposits or checks.

Businesses structured as S corporations can deduct payroll tax expenses on line 12 of Form ... Instead of using Form 1120, the business files taxes with Form 1120S S corporations are able to ...

Digital Form 16 is an electronic version of the traditional Form 16. It's generated directly from the TRACES portal, which is managed by the Income Tax Department. This means all your salary details, ...

For income earned during FY 2024-25, the Income Tax Department has issued the ITR Form (ITR-1 to ITR-4) updated to file returns in AY 2025-26. The purpose of these changes is to simplify tax ...

Congressional Republicans’ phase-out of the tax credits for climate friendly energy ... analysts say the legislation’s fine print effectively cuts them entirely. “What’s in the text ...

The Central Board of Direct Taxes (CBDT) has released all Income Tax Return (ITR) forms for Assessment Year 2025–26, based on income earned in FY 2024–25. While the basic structure remains ...

The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ...

H.I.G. Capital has completed the merger of two information technology companies to create a $4 billion enterprise focused on high-growth areas including cybersecurity and artificial intelligence ...