As a taxpayer, you should know which form applies to you based on the source of your income. Here we give a lowdown on common ...

A partnership is the fastest-growing form of operating a business in America. Partnerships offer much flexibility in tax reporting. The most significant element of this flexibility is the partners’ ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses.

The Central Board of Direct Taxes (CBDT) has extended the deadline to file income tax returns (ITRs) from July 31 to ...

This update comes shortly after the release of excel utilities for the same forms last week. The department aims to simplify ...

The applicability of ITR forms depends on factors such as the assessee's sources of income, total earnings and also the category of the taxpayer like individuals, HUF, company, etc. In this article, ...

September 15 is the extended deadline for the return filing. The Income Tax Department has notified the updated forms.

The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4 ...

Rental property tax deductions allow you to claim the cost of repairs, maintenance, taxes, insurance, depreciation and any ...

In the increasingly global world of online business, it’s not unusual for entrepreneurs, freelancers, and consultants to seek ...

The IRS’s extended June 16 deadline gives you a little more time to prepare and file your return, along with any applicable ...