Taxpayers can reduce tax liabilities by claiming House Rent Allowance (HRA) exemptions. Salaried individuals can claim HRA ...

Except for some senior citizens, advance tax must be paid by all assessees, including NRIs, if the tax payable is ₹10,000 or ...

The Augusta rule allows homeowners to rent out their primary residence for up to 14 days per year without paying federal ...

According to a TaxSlayer survey, the biggest expenditures people planned to use their refund on were rent (52% of respondents ... and file your return. What is a tax refund?

To claim the LTA exemption without Form 16, you must appropriately declare it in your Income Tax Return (ITR). According to ...

An assessee may be required to file one of several forms of income tax returns, contingent on the type and source of their ...

Learning and navigating the maze of tax laws can be very demanding for small businesses. Overwhelming. A startup or ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...

Among other reasons, this makes it popular for landlords and rental property owners ... the company does need to file an informational tax return with the IRS. This tells the tax agency how ...

Here’s what’s new for the 2024 return, and some things ... permit requirements for short-term rentals. Deduction for contributions to the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) You ...

Nearly half the states in the country have some sort of tax benefit for renters. Not everyone qualifies, though.