Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

ITR filing season has begun, with crucial document requirements and new form eligibility changes making early preparation ...

The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both ...

A Kansas City woman was indicted by a federal grand jury in a fraud case that illegally claimed $300,000 in refunds for her clients.

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

Greystone Housing Impact Investors LP offers strong income, and smart tax planning can help minimize impact. Learn why GHI ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Filing your Income Tax Return (ITR) for the financial year 2024-25 is now open, and the Income Tax Department has made all ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed ...

Central Board of Direct Taxes (CBDT) has notified income tax return (ITR) forms for e-filing income tax returns in FY 2024-25. These are the myriad changes which the income tax department has ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment ... will be allowed if corresponding dividend income is disclosed as “Income from Other Sources ...

have deferred income-tax on ESOPs, or own assets (including financial interests in any entity) outside India. The ITR-4 form for the financial year 2024-25 (assessment year 2025-26) is available ...