The IRS issued Proposed Regulations last month which provide helpful clarity for employers on how to implement and comply with two new SECURE 2.0 provisions relating to catch-up contributions.

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

As tax season unfolds in the United States, many taxpayers eagerly await their refunds. However, a specific IRS notification ...

The Federal Board of Revenue (FBR) has started sending tax notices to teachers and researchers, demanding full income tax payments. At the same time, the government has approached the ...

State of U.P. & Others, quashed an order passed under Section 73 of the GST Act, 2017, due to improper service of notice. The petitioner challenged the order dated 23.07.2024 by the Deputy ...

Hi, %{firstName}% Games Car rental As you sit down to do your federal income taxes, you may experience a moment of panic: I don't know where to get my tax forms! Don’t worry. Even if your tax ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki ...

The Supreme Court has issued a directive prohibiting the use of WhatsApp or other electronic platforms for serving notices under the Criminal Procedure Code (CrPC) and Bhartiya Nagrik Suraksha Sanhita ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

The term notice of default refers to a public notice filed with a court that states that the borrower of a mortgage is in default on a loan. The lender may file a notice of default when a ...

Internal Revenue Service. "Notice 2024-85; Revised Timeline Regarding Implementation of Amended Section 6050W(e)." Page 2. Internal Revenue Service. "Instructions for Schedule C, Profit or Loss ...