The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and ...
In a letter to the IRS, the AICPA said the changes align with an executive order mandating that all federal tax payments and ...
ISLAMABAD: After repeated promises of simple form, the Federal Board of Revenue (FBR) has finally issued a comprehensive income tax return form for traders for tax year 2025. The return form for the ...
(NEXSTAR) – The self-described tax experts of TikTok and other social media sites have cost American’s $162 million in penalties since 2022, the IRS said in a news release Monday. Advice on the most ...
The final regulations are similar to the proposed regulations issued in January, with some changes that the IRS said were made in response to comments.
Here's how you can claim contractors claim the 45L energy efficient home credit using Form 8908 for ENERGY STAR and ZERH ...
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FBR releases detailed 2025 tax form for traders
The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...
EXCLUSIVE: A top aide and confidante to former Obama official Lois Lerner who targeted conservatives and conservative groups received a notice of proposed removal from the Internal Revenue Service, ...
Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in September for low- and middle-income taxpayers have been debunked by the Internal Revenue Service, but the ...
Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...
Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive ...
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