SAN JOSE, CA, UNITED STATES, May 28, 2025 /EINPresswire.com/ -- With the June 2, 2025, deadline to file the Form 5498 series ...

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 ...

The Trump administration's plan to trim the IRS workforce has resulted in almost one-third of its tax auditors leaving the agency through March, according to a report from the U.S. Treasury ...

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.

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 IRS has shed more than 20% of its workforce since President Donald Trump took office, wiping away the Biden administration’s highly touted hiring gains. Those cuts have yet to factor in ...

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 ...

Many provisions of President Trump’s signature Tax Cuts and Jobs Act from 2017 are set to expire at the end of 2025. Three economists break down the fiscal impact of the cuts for individuals and ...

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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 suppliers new to UB are required to submit a completed tax ID form to Procurement Services as confirmation of their business identity. This information is used to build supplier profiles in the ...