Got questions about the new deductions for seniors, tips, overtime and car loans? Here’s what you’ve been asking—and my ...

The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...

On June 20, 2025, the US District Court for the District of Arizona denied a motion for summary judgment that was filed by Stenson Tamaddon LLC (StenTam). The tax advisory firm argued that IRS Notice ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

The CRA officer denied his second request for relief, concluding that the taxpayer’s misinterpretation of his RRSP deduction ...

Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.

Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status?

The ITR1 form, more commonly known as Sahaj, holds significance widely utilized across India, this form of ITR-1 for salaried employees is one of the most prevalent. As a straightforward avenue for ...

Form 16 is a crucial document for salaried employees as it reflects total salary, TDS deducted, and tax calculations. It comes in two parts—Part A (TDS details) and Part B (salary breakup, deductions ...

For employees, the form is usually shared directly by the employer via email or internal HR portals. It must be noted that the income tax department has notified the updated forms, and the return ...

Form 16 consists of two parts. Part A contains the details of the employer and employee, along with a summary of the tax deducted and deposited with the government. Part B offers a detailed breakdown ...