Here’s the key thing: A taxpayer who owes money and doesn’t file a return may find themselves in hot water. But if a taxpayer ...

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have ...

There are three separate bills that would make tips tax-free. Here's the differences between the no tax on tips bills and ...

Everyone can take the standard deduction, which would be worth $16,000 for individuals and $32,000 for married couples this ...

How to File ... you pay $10 or more in royalties for oil and gas leases or for intellectual property. There are exceptions to 1099 reporting requirements. A big one is that you don't send ...

The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its ...

Section 6721 of the Internal Revenue Code imposes a penalty on any person who fails to file a Form 1099 or other information return to the IRS by ...

State legislators on Friday halted hundreds of bills with new spending attached from advancing. Why? The Legislature again ...

This move comes in line with the amendments introduced in the Finance Act, 2025.Previously, taxpayers had a 24-month period to file an updated return from the end of the relevant assessment year (AY).

State senators meet during a suspense file hearing at the Capitol Annex Swing Space in Sacramento on May 23, 2025. Photo by Fred Greaves for CalMatters Welcome to CalMatters, the only nonprofit ...

Still, they are eligible to file their returns using alternative documents. If you don’t have Form 16, Form 26AS becomes essential. It’s a tax credit statement showing the amount of tax deducted at ...

But what makes you eligible? That’s where things get tricky. The priority requirements as listed on Nintendo’s site are: “As of 4/2/2025, (i) you must have been the one who purchased any ...