The ITAT Chennai allowed a charitable trust to rectify its mistake of applying for provisional 80G registration, remanding the case for reconsideration under the correct clause for a five-year ...

Learn smart ways to reduce taxable income after 60. Explore tax exemptions, Section 80TTB, SCSS, PMVVY & new vs old regime tips for retirees.

ITAT Delhi upheld that non-deduction of TDS on External Development Charges (EDC) paid to HUDA constitutes default under sections 201(1)/201(1A). Following High Court precedent in Puri Construction, ...

Let’s say you rent your London flat for £1,200/month (£14,400/year). If you move abroad and don’t register under the NRLS, ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable income ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

The Internal Revenue Service (IRS) released guidance on November 5, 2025, granting employers relief from tax penalties for failing to provide employees information related to their (1) “qualified tips ...

Discover 10 types of income the IRS won't tax in 2025, from certain investments to unique benefits, and learn how to legally keep more of your money this year.

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...