The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The tribunal reviewed legal precedents, including rulings by the Orissa, Telangana, and Bombay High Courts, which consistently held that procedural delays in filing Form-10B should be condoned if ...

Bitcoin Jesus and a Maryland lawyer's criminal indictments provide insight into how cryptocurrency is becoming more prominent ...

When you file your tax return, you can deduct a certain amount right off the ... That alone exceeds an individual's standard ...

An amended tax return is a form you can submit to the IRS to fix a mistake on a previously submitted tax return. The specific form you'll need is called a Form 1040-X, and can be found online here ...

These cross appeals are filed by the assessee and the revenue against the order of the Learned Commissioner of Income-tax (Appeals), Mumbai/National Faceless Appeal Centre, Delhi [hereinafter referred ...

The government alleges that the defendants attempted to collect more than $600 million from the scheme—the IRS paid approximately $45 million to the defendants and ...

The 2025 tax season opened for individual filers on Jan. 27. Here are some key things to know before filing your return.

Electronically filing your tax return and choosing direct ... wildfires in September 2020. The IRS announced on Dec. 11, 2023, that the new $600 Form 1099-K reporting threshold for third ...

They can subsequently complete your tax filing forms on your behalf ... jobless benefits will be different compared to the 2020 returns procedure. And, it's also worth noting that you normally ...

Scott is a New York attorney with extensive experience in tax, corporate ... The current form is an updated design of the 1982 form of the same name. Before 2020, all nonemployee compensation ...