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Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...
For many of us, Tax Day comes but once a year. For others, taxes come due more often. Freelancers, small business owners and those earning over a certain amount from a side hustle are among those who ...
Form 16 is like a report card from your employer about your salary. It doesn’t account for any financial activity outside that employer-employee relationship. Failing to report additional income or ...
File IRS Form 4868 by April 15 to get a six-month extension for your taxes. Pay what you owe by April 15 to avoid penalties, even if you file an extension. File your return by October 15 — don ...
To do so, taxpayers must complete Form 4868 before June 16. The IRS provides several electronic options to facilitate extension requests, even from abroad.
US citizens and tax residents living abroad have until June 16, 2025 to file their tax returns, thanks to the automatic two-month extension that the IRS grants to those residing ou ...
Brass’ bill initially sought to extend the inventory tax credit for 10 years, but when his bill was before the House Ways and Means Committee, the first step in the legislative process, Rep ...
The IRS began accepting 2025 tax returns on 27 January, with the official deadline set for 15 April. If you've missed that window, it's vital to request an extension immediately by submitting Form ...
Now, with the digital integration of Form 16 into the Income Tax portal, much of this data is auto-populated in the ITR filing form, reducing the scope for errors and easing the burden on taxpayers.