News

Form 1040 is a federal income tax form that most people use yearly to report their tax information to the IRS. Taxpayers fill out the form, listing their income and any tax deductions or credits ...
Between diaper changes, meal prepping, and doctors' visits, you’ve got your hands full. Here are some things to avoid getting ...
As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal ...
The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
The salary slips of your entire financial year give information about your salary, allowances and deductions. These will help ...
At four pages long, it's much shorter. Unfortunately, you can't opt to fill in this shorter form – HMRC will decide and send it out to you. Details you may need to include on your tax return include: ...
Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...
If you still haven't filed your taxes, don't worry, you still have time! But you better act fast - here's what to know before ...
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.
Most U.S. taxpayers must submit their 2024 federal income tax return by April 15, 2025. The IRS recommends e-filing for faster processing and refunds. Under Donald Trump's regime, most taxpayers ...
an additional 5% for each month the return remains unsubmitted to the IRS (for up to five months), and an initial penalty of 0.5% of the unpaid tax amount. How Do I Fill Out a Form 941 if No Wages ...