Indian residents earning income abroad, such as consultancy or technical fees, can claim Foreign Tax Credit (FTC) to avoid ...
India's crypto ecosystem has grown at a rapid pace-and so have the country's laws concerning taxation. Crypto taxation rules ...
In this week's Ask the Editor Q&A, Joy Taylor answers questions on the 20% tax deduction for qualified business income or QBI ...
Confused by India's 30% crypto tax? Our guide provides 7 smart, legal strategies to reduce your tax liability. Learn about ...
HMRC’s renewed focus on error and fraud in R&D tax relief has brought a wave of compliance activity across the board. Some unfortunate advisors are ...
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How To File An Amended Tax Return

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...
Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
Federal workers are dealing with over six weeks of backlogs due to the shutdown, and warn that taxpayers expecting returns ...