At the center of the issue for many is the new IRS form 15400, which was introduced last ... or planned to claim it when you filed your taxes (AKA the old-fashioned way). If your dealer simply ...

Filing your income tax return requires careful consideration of both the old and new tax regimes. A comparison of tax computations under both regimes will help determine which one results in lower ...

That said, the IRS can't come after you for your old tax debts indefinitely. Most debts have statutes of limitations that eventually render them uncollectible — and the same is true for your tax ...

Taxpayers who wish to opt for the old tax regime must navigate the required process to select this option. To do so, they must file Form 10-IEA before due date of ITR filing, which allows them to ...

As per Budget 2023, those opting for the old tax regime must submit Form 10-IEA before filing their ITR to confirm their choice. On the other hand, salaried individuals and those with non ...

This change requires salaried employees to make a deliberate choice about their preferred tax regime at the onset of each financial year. If they fail to declare their preference for the old tax ...

it is vital to compare the tax computation under both the tax regimes i.e., old and new. And you can opt for the regime which gives lower tax outgo. Introduced in 2020, the new tax regime was made ...

Make sure you receive copies, she said, of Form 15400 "Clean Vehicle Seller Report." "If the dealership cannot provide clear answers or written confirmation, consider consulting a tax professional ...

The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of being in the US illegally, a person familiar with the matter said ...

PeopleImages.com / Getty Images Form W-9, Request for Taxpayer Identification Number (TIN) and Certification, is an Internal Revenue Service (IRS) tax form that businesses use to collect ...

WICHITA, Kan. (KWCH) - The Wichita City Council is considering a petition from Old Town businesses to keep parking free in the area and instead place a 2% sales tax in Old Town. The petition ...

The Internal Revenue Service (IRS) is encouraging taxpayers to SKIP many of the old paper and manual processes. Their skipping invitations are summarized below. File electronically and choose ...