Do you know a W-9 from a 1099? Here are the forms you'll need when you file taxes in 2025.
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...
7 Tax Rules to Know if You Give or Receive Cash
Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...
The National Law Review14h
Client Alert: SEC Charges Companies for Failing to Timely File Form D
As we enter 2025, compliance with U.S. securities regulations remains a critical focus for startups and early-stage companies ...
IRS PLR: Private Foundation Set Aside Request for Renovation, Construction Project Approved (IRC §4942)
The IRS has published a private letter ruling on Section 4942, granting the taxpayer’s set-aside request. The taxpayer, a tax-exempt private foundation formed under a trust agreement and operating ...
Biden signs Social Security Fairness Act into law: What to know
President Biden signed legislation into law over the weekend to expand Social Security benefits for droves of Americans. The ...
India Today on MSN20m
ITR filing: Submit these investment proofs to claim deductions and save on TDS
Submit proofs promptly to reduce TDS, maximise tax savings, and ensure smooth compliance before filing your ITR.
Good news for taxpayers: ITR forms to allow 87A tax rebate claims have now been updated however there is a catch
Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...