The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers' compensation premiums are only deductible when they are ...

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.

House Republicans’ “big, beautiful bill” could bring hundreds of billions of dollars in tax cuts to wealthy business ... s a surprise in the fine print. Until now, business owners in most ...

Accounting researchers analyzed stock-transaction information from financial-disclosure forms filed by senior employees of the Internal Revenue Service and, well, there might need to be an audit.

LOS ANGELES (AP) — Los Angeles Dodgers reliever Evan Phillips will have Tommy John surgery next week and miss the rest of the season in the latest blow to the World Series champion’s pitching ...

Form 16 is an important TDS certificate that contains details of the salary income paid to the employee during the financial year, tax regime opted for tax deduction at source, and deductions and ...

The Income Tax Department has notified all ITR forms earlier this month, prompting individuals to start preparing their documents, although Form 16s are typically released in the month of June.

Lucknow, May 29 (PTI) An Indian Revenue Service (IRS) officer was injured after he was allegedly attacked by a colleague from the Income Tax Department during an argument at the office here on ...

The government has also made certain changes in the form, with regard to deductions claimed under 80C, 80GG and other sections and has provided a drop-down menu in the utility for tax filers to select ...