Common 1099 forms and their purpose in reporting income sources like interest, dividends and capital gains Where to find Form 1099 online and how different financial institutions provide access to tax ...

On October 8, 2025, the Allahabad High Court said that taxpayers should not be left at the mercy of an Income Tax Assessing Officer (AO) who chooses to delay the payment of genuine refunds. The ...

Taxpayers have until Oct. 15 to file tax extensions. Extension must be filed at this time to avoid getting hit with penalties. There are several options available to file tax extensions, including ...

People who are eligible for automatic tax filing will need to provide a few details and confirm their information in a pre-filled tax form from the CRA You can save this article by registering for ...

Since the enactment of H.R. 1, the One Big Beautiful Bill Act, the Internal Revenue Service has announced that it will not be updating 2025 tax forms such as the W-2 and 1099s to reflect OBBBA changes ...

The Conservatives say they would give young people a £5,000 tax rebate in their first job, in a bid to help them buy their first home. In his speech to the party's annual conference, shadow chancellor ...

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...

It has been observed that certain elements are spreading misleading information on various social media groups regarding the Income Tax returns for tax year 2025. In this regard, it is clarified that ...

Form 10-IEA notified vide Notification No. 43/2023 dated 21st June 2023 is applicable from Assessment Year 2024-25 onwards i.e. for A.Y. 2024-25 and upcoming years. With effect from A.Y 2024-25, new ...

The Federal Board of Revenue (FBR) has introduced significant changes to the income tax return form on its online IRIS portal, making it mandatory for taxpayers to disclose the market value of their ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...