The CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include revised reporting for MSME payments, new requirements for share buybacks, and ...
Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...
Understanding Forms 15CA and 15CB is crucial for anyone making payments to non-residents under the Indian Income Tax Act. These forms are designed to ensure that the correct amount of tax is deducted ...
Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...
The IRS has released a draft of Form 1099-DA, Digital Asset Proceeds From Broker Transaction. The form is the next step in the agency’s efforts to bolster crypto tax reporting and follows proposed ...
Tax season is coming, and taxpayers seeking simplified tax filing will be pleased to know that the 1040A tax form for 2023 offers a user-friendly solution. TRAVERSE ...
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