The newly issued Revenue Ruling 2025-15 clarifies income tax withholding and reporting rules for uncashed retirement plan checks. Generally, adjustments or refunds of income tax withheld on a ...

Do this to avoid income tax dept's notice Mismatch between Form 16 and Form 26AS can result in scrutiny—here's the way to correct it before filing your ITR.

DIVIDEND ALERT: US$0.836 CASH DIVIDEND TO BE DISTRIBUTED ON JULY 25 TO ChipMOS ADS HOLDERS PRE-WITHHOLDING TAX AND FEES PR Newswire HSINCHU, July 21, 2025 ...

What to do if you discover a mistake on a previously filed tax return (and other reasons for filing an amended tax return).

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has charged the Accountant-General of the Federation, Mr. Shamseldeen Ogunjimi, to ensure prompt deduction ...

If you work in two or more states, you may need to file multiple state tax returns. So, how do you know whether you’re required to file in different states? 5 Times You May Need To File Taxes in ...

Reinforcing the rights of small industrial units, the High Court of Jammu and Kashmir and Ladakh at Srinagar has reiterated that the arbitrary withholding of payment for completed work is violative ...

Income tax return forms ITR-1, ITR-2, ITR-3: The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26).

If you are a salaried employee filing your Income Tax Return (ITR) for the first time, you have likely come across Form 16. This important document plays a significant role in helping employees file ...

While the AIS aims to improve voluntary compliance in income tax filing, the system’s early-stage flaws are causing more confusion than clarity. Taxpayers are now grappling with how to deal with ...

In this article, we'll take a closer look at the states that don't tax Social Security, the few states that still do, and a new tax break seniors are about to get that will help offset any tax burden.

Why Thunder’s over $800 million in max contracts won’t lead to second apron nightmare The Thunder are going to have 3 max-level contract players on their roster, but Sam Presti is prepared to ...