Revenue Ruling 2025‑15 (available here) provides guidance on withholding and reporting obligations when a plan participant or beneficiary fails to cash a distribution check and a replacement check is ...

The new electronic retirement system promises a faster, more accurate process, but some users are still adjusting to the ...

Financial Literacy News: ITR filing: Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital information like em ...

ITR: How to spot and fix mismatch in Form 16 and Form 26AS before filing your tax return Form 16 is a certificate issued by employers that furnishes details about the TDS (Tax Deducted At Source).

Financial Literacy News: Income Tax Return Filing FY 2024-25: The Income Tax Department is enhancing ITR filing for FY 2024-25 to improve accuracy and reduce taxpayer burden.

Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit statement and AIS is comprehensive view of information for a taxpayer ...

Ever look at your paycheck and wonder why the amount you actually take home is a lot less than what you earned? That’s where withholding tax comes in.

Schedule E is a tax form used to report rental property income and expenses. Here’s what you should know.

ITR Filing 2025: No more tax filing hassles with digital Form 16 — Know how it works The electronic version of Form 16 is generated directly from the TRACES portal by employers --- guaranteeing ...

Check out THESE easy alternative documents The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31.

If opting for the default New Tax Regime, minimal action is required. However, those opting for the Old Tax Regime will need to complete Form 10-IEA.

Don’t get stuck with a tax bill in retirement: The federal retiree's guide to tax withholding While tax withholding is automatic while working, retirees face the responsibility of ensuring their ...