Form 26AS is a tax passbook linked to your PAN (Permanent Account Number). It is issued by the Income Tax Department and shows a detailed summary of the taxes deducted from your income by others ...

This was followed by notifying the ITR form 3 on April 30. Later, ITR forms 5 and 2 were notified on May 1 and May 3, respectively. These forms are meant to be used for filing income tax returns ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...

There is no special federal day care tax form. H&R Block says most day care providers work as independent contractors, so you file taxes the same way any self-employed business owner does.

Introduction of Section 115BAC Forms ITR-3, 4, and 5 now require confirmation regarding opting out of the new tax regime and whether Form 10-IEA was filed in previous years. Going forward ...

Businesses structured as S corporations can deduct payroll tax expenses on line 12 of Form 1120S. Only the employer portion of payroll taxes, not the employee portion, are deductible for the business.

Republicans in Washington are hashing out their sweeping tax cuts bill ... thousands of acres of federal public land in Nevada and Utah. The provision, which initially faced bipartisan opposition ...

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 ...

All foreign suppliers new to UB are required to submit a completed W-8 tax ID form and an Order Preferences, Sourcing & Contact form to Procurement Services as confirmation of their business identity.

House Republicans on Monday unveiled their long-awaited tax package, a 389-page bill that includes trillions in tax cuts — but also targeted tax hikes to offset some of the cost. Colleges would ...

The Income Tax Department has launched a new Digital Form 16 to make filing Income Tax Returns (ITR) easier for everyone. This step will help taxpayers avoid confusion and save time. The digital ...

Trade associations don’t — and those untaxed dues can add up. When Hodge first heard about the Community Impact Coalition, he quickly checked the 990 tax form of its sponsor, the American Society of ...