The premium tax credit is a refundable credit that helps some taxpayers afford health insurance premiums. The advance PTC lowers the premiums themselves. Many, or all, of the products featured on this ...
Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...
Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...
The Federal Board of Revenue (FBR) on Friday announced the removal of the "Estimated Fair Market Value" column from income tax return forms for 2025, following the approval of Prime Minister Shehbaz ...
ISLAMABAD: In a dramatic U-turn, the government on Friday scrapped the asset valuation column from the tax return form for 2025 — just a day after issuing a strongly worded clarification — bowing to ...
The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, and 3CB. Late submissions may incur penalties. Recent amendments to Form 3CD, ...
UAE businesses must submit returns, settle corporate tax within nine months to avoid fines Dubai: The Federal Tax Authority (FTA) has issued a reminder to all Corporate Taxable Persons, including ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...
Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...
Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...