If you’ve ever used paid tax software, the IRS Direct File operates similarly: First, go to the Direct File webpage. After ...

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

Read my prediction of weak market performance in January 2025 due to negative fiscal velocity and potential privatization of ...

You will get an automatic extension to file as well as to pay any remaining federal income taxes you may owe. (The IRS compiles a list of those areas and the relevant tax-filing deadlines here.) ...

the deadlines the IRS sets for filing and paying federal income taxes. Bear in mind that we are filing taxes for income earned in 2024, even though we file those forms in 2025. To keep confusion to a ...

If you fail to file your federal tax return on time ... you should receive a 1099 tax form by Feb. 15. Employers are generally required to send the forms by the end of January.

Federal tax policy was not kind to Canadians in 2024. That shouldn’t be a surprise: it wasn’t kind to Canadians in 2023 or 2022, either, or in any year since 2016, when the Trudeau government ...

The necessary back end software related changes in the online ITR form will be made shortly to give effect to this (87A rebate claim). Under section 87A of the Income Tax Act, 1961, eligible taxpayers ...

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 ...

In the case abovementioned ITAT Delhi deleted addition after considering that the same was made by rejecting cash book and cash flow chart without bringing any ... On perusal of the Income Tax Return ...

The federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of February. The announcement from Finance Minister Dominic LeBlanc comes ...