A Facebook post on June 9 noted that beginning in July, families with children would receive a $300 monthly direct deposit as ...

The chancellor’s Budget announcement that pensions will be liable for inheritance tax from April 2027 will have big ...

This change in reporting requirements will require third-party payment apps to send the IRS a 1099-K for earnings over $5,000 ...

An explanation of donor advised funds (DAFs), including key considerations regarding their establishment, operation, and administration, asset contributions and donations, recent regulatory proposals, ...

The Federal Government has proposed introducing a tax payment option that enables individuals ... designed to enhance the efficiency of collecting direct taxes, along with various levies that ...

9. The penalty proceedings were, however, taken forward and an order dated 27 September 2022 came to be passed imposing a penalty of Rs. 52,87,072/-, this was resorted when the rectification ...

As single filers, Julie expects to pay $7,014 in income taxes ... Internal Revenue Service. "Direct File." Internal Revenue Service. "About Form 8379, Injured Spouse Allocation." ...

If you don't feel prepared to meet an emergency, you're not alone. Budgeting and drawing up an inventory of assets can help ...

The income tax laws ... Board of Direct Taxes (CBDT) to allow a different person to claim credit for TCS (tax collected at ...

There are some restrictions on who can use Direct File. If your tax situation is simple and you pay taxes in the pilot ... earned from jobs that generate a Form W-2, Social Security and railroad ...