The tip must be voluntarily given, so mandatory tips or auto-gratuities would not qualify for the “no tax on tips” benefit.
Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.
In case of errors or omissions, taxpayers can also file an updated return (ITR-U) on payment of additional taxes.
The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers.
Don't miss the September 15, 2025, deadline for filing your Income Tax Returns (ITR) for Assessment Year 2025-26. Late filing ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
With the ITR filing deadline extended, taxpayers are expected to get some relief as they will be able to file their taxes even today.
The GOP is considering ending this free IRS tax filing program. Find out what's happening and what it means for you.
Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, ...
As the October IRS deadline approaches, taxpayers face changes in filing options and rules that could affect millions of ...
The 19th reports a new child tax credit starting in 2026 will increase to $2,200 but limit access for many low-income and ...
At Missouri's final property tax hearing, officials warned against "jackass legislation" that grabs headlines but fails ...