Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, ...

Expert explains that salary slips hide key tax details like non-exempt allowances, differences in taxable income, unlisted ...

The Tribunal held that the assessee’s income tax return for AY 2013-14 was filed within the permissible time under Section 139. Therefore, the penalty of ₹5,000 imposed under Section 271F was ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Under normal circumstances, delayed refunds come with statutory interest—but the law also outlines several situations where ...

Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.

The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.

Confused by India's 30% crypto tax and 1% TDS? Our comprehensive guide explains the rules, how to handle losses (no set-off!), tax on airdrops and staking, and step-by-step instructions for filing ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

Burdened by 280E, cannabis operators around the country are staging a tax revolt. History suggests it may not work out the way they hope.