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Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401(k) ...

It is conceivable that Trump could sway congressional Republicans to include a carried interest reform in the sweeping tax ...

In this episode of Tax Notes Talk, the second of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on two S corp cases: Maggard v ...

The form consists of four sections: Part A: Basic details, income receipts, and tax credit claims. Part B: Details of refunds or disputed foreign tax. Verification: Self-declaration ...

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Efficient data collection and user engagement are crucial for businesses and organizations. Artificial Intelligence (AI) has disrupted the form-building process, offering innovative solutions that ...

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...

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