While the AIS aims to improve voluntary compliance in income tax filing, the system’s early-stage flaws are causing more ...

Learn how AIS and Form 26AS mismatches can lead to tax notices, scrutiny, and penalties. Understand common errors and ways to ...

He said that while filing the Income Tax Return (ITR) utmost care should be followed. If there is a difference of Rs 50 lakh ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

President Donald Trump’s “big beautiful bill” includes a section for “no tax on tips.” Now that the provision is enacted, ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

ITR filing: Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital information like employer/employee details, income earned, and ...

WHEELING — Ohio County personal property tax forms are out, and they may be a little trickier to fill out this year for residents who lost vehicles during June 14 flash flooding. Property tax forms ...

Start by choosing the right form. For instance selecting ITR-1 when ITR-2 was the relevant form, will be seen as trying to conceal income that you ought to have disclosed in ITR-2.

Shortly after Congress sent the bill to Trump’s desk, the Social Security Administration informed program participants in a ...

The form reports the interest income you received, any federal income taxes withheld, tax-exempt interest and other information. 1099-LTC reports long-term care insurance benefits you received.

Range reports high earners must pay quarterly estimated taxes if they owe over $1,000, with specific guidelines to avoid ...