Morristown, NJ - June 27, 2025 - K1x , the fintech company building THE intelligent tax automation platform, recently celebrated its three-year anniversary on June 22, marking a milestone in its rise ...

Filing Income Tax Return (ITR) by salaried taxpayers Form 16: It is a TDS certificate issued by an employer to an employee. It is proof that the employer deposited the tax with the tax authorities.

Form 16 helps salaried individuals file accurate ITRs by detailing income, TDS, exemptions, and deductions, ensuring smooth ...

Three of the most important reports all taxpayers should know about are Form 16, the Annual Information Statement (AIS), and Form 26AS. What they are and how they assist you during tax season follows.

Income Tax Return (ITR) forms ITR-1: Also known as sahaj, this form is meant for those taxpayers whose total income does not exceed ₹ 50 lakh during the financial year.

Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital ...

Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated tax disclosures.

A Schedule K-1 is a federal tax form that business partnerships and S corporations use to report a partner's share of the income, losses, capital gains, dividends, and other items.

ITR Filing FY 2024-25: The Income Tax Department has enabled online ITR filing for FY 2024-25 (AY 2025-26) via incometax.gov.in, initially supporting ITR-1 and ITR-4 forms.

If you exceed the annual gift tax limit, you may have to file a federal gift tax return (IRS Form 709). But exceeding the limit doesn't necessarily result in owing tax, thanks to a high lifetime ...

The use of tax software may work well for you if you have simple taxes, such as a Form W-2 and a few deductions. However, if you are self-employed, own rental properties or have other investments ...