Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Effective from the date of publication in the Official Gazette, this amendment updates the Income-tax Rules, 1962, specifically Forms 26Q and 27Q. In Form 26Q, Section 194T has been added to the ...

Gujarat High Court held that the refund of IGST paid under Section 16 (3) (b) of the IGST Act, read with Section 54 of the GST Act, is allowable and directed the authorities to amend the shipping bill ...

ITAT Surat reviewed appeals filed by Swaminarayan Gadi Trust against the rejection of its applications for tax exemption under Sections 12A/12AB and 80G(5) of the Income Tax Act, 1961. The trust had ...

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not ...

Before you pursue tax forgiveness with the IRS, it's important to ask the right questions about the rules, the requirements ...

How a simple error on a state income tax return triggered a Detroit income tax bill for thousands of dollars for Northville couple.

Individuals who earn $67,000 or less, people with disabilities, those with limited English proficiency, and taxpayers aged 60 ...

Expand assistance to include not just seniors but also low- and middle-income families and disabled residents, for starters.

Filing taxes can be a daunting task, especially when dealing with missing or incorrect documents. Understanding the steps to ...

Some parents now have an April 15 deadline to score the money before it is sent back to the Treasury for good.