Claimed HRA but skipped TDS on rent? The taxman wants answers
The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...
Map Shows States Where People Usually See Highest Tax Refunds
IRS sends out millions of dollars in tax refunds each year for overpaid taxes, but the amount can vary based on several ...
U.S. Faces ‘Significant Risks’ From Debt, Analysts Say, as Trump Pursues Tax Agenda
Debt as a share of the U.S. economy will reach 118% in 2035, the Congressional Budget Office said on Thursday.
16 last-minute 1099 tax deductions for independent contractors
NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...
First job? Some tax tips for first-time filers
The deadline to file your taxes is less than a month away, and if you’re doing them for the first time, you might be feeling ...
More than $1 billion in unclaimed tax refunds will vanish on April 15
More than a million taxpayers who never filed 2021 tax returns are owed money back from the IRS. But the deadline to claim those funds is just weeks away.
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$1 Billion in Tax Refunds Will Disappear if You Don't Claim Them
More than 1.1 million taxpayers have unclaimed tax refunds from 2021. You have until April 15 or the money disappears.
I Got a Tax Windfall: Should I Recast My Mortgage or Make a Principal Payment?
Choosing whether to recast depends on how large of a payment you can make and whether you want a lower monthly payment or an ...
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A Tax Return and Tax Refund Are Not the Same. Here's the Key Differences
Completing your taxes is tricky, especially if you file without the help of tax software or a tax preparer. It can get even ...
Where's my refund? Is my deposit delayed? Here's how to check your IRS refund status
According to IRS data, the bureau expects nearly 140 million Americans to file taxes. But when will that check or direct ...
ITR-U Filing March 31 Deadline: How much additional tax you need to pay if you miss updated income tax return filing last date
Department has asked taxpayers to file an updated income tax return (ITR-U) before its deadline of March 31, 2024; failing ...