Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

Our Constitution was written to protect citizens from an over-reaching, all-powerful government. They had enough tyranny ...

A key point of contention was the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, for interest income received from various banks, including nationalized banks.

Tax season has begun. If you have already filed your federal tax return electronically, the Internal Revenue Service says you can expect your return within about three weeks. For filers who submit ...

DeWine's budget plan calls for hefty tax increases on cigarettes, marijuana and gambling to fund his policy priorities -- but ...

Nvidia stock's shown a lot of volatility for a mega-cap company in recent weeks. Dr James Fox explores how an investment over ...

Kansas is no longer part of this list, and West Virginia is phasing out Social Security taxes, with no state income taxes on Social Security starting in 2026. “Each state has tax provisions that ...

Riding on Rohit Sharma's 119, India chased down England's 304 with 33 balls to spare and four wickets in hand. India thus win ...