In 2024 (taxes filed in 2025), the state and local income tax deduction allows you to deduct up to $10,000 ($5,000 if married filing separately) for a combination of property taxes and either ...

Tax filing season begins for the financial year 2024-25, and the assessment year 2025-26 has officially commenced, with salaried employees in India having received their Form 16 documentation. There ...

As tax season approaches, it’s time for taxpayers to organise their documents in preparation for filing income tax returns. The Income Tax Department has emphasised the critical step of validating ...

To request an extension, you’ll need to fill out IRS Form 4868. This form is for individual taxpayers, and it’s pretty simple — just provide your basic details and the amount you owe.

For example, a complete tax and estate strategy requires human oversight, while a machine can handle tax-loss harvesting. Digital tools increase automation, but they still lack a holistic value add.

As the income tax filing season approaches, salaried individuals in India prepare to submit their returns, with Form 16 playing an essential role in the process. Issued by employers, Form 16 certifies ...

529 State Tax Deductions More than 30 states and the District of Columbia allow families to deduct 529 contributions from their taxable income. For a couple earning $100,000 and contributing ...

If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.

The IRS began accepting 2025 tax returns on 27 January, with the official deadline set for 15 April. If you've missed that window, it's vital to request an extension immediately by submitting Form ...

The IRS began accepting 2025 tax returns on 27 January, with the official deadline set for 15 April. If you've missed that window, it's vital to request an extension immediately by submitting Form ...