Graduate Students Face New Tax Threat As GOP Targets Scholarships
Republicans are floating a list of ideas to help offset the cost of planned tax cuts including a proposal to make graduate ...
Mint6d
What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
In the Union Budget 2025, Finance Minister Nirmala Sitharaman mentioned that the ‘nil income tax’ slab would be raised to ₹12 lakh; however, it is often misunderstood as a tax exemption or ...
All About VITA, The IRS Program Assists Eligible Taxpayers With Free Tax Prep
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
Mint6d
Budget 2025: How should equity traders asses FM’s income tax rebates? Experts weigh in
While this move is set to enhance disposable incomes and fuel consumption, equity traders are left out of the benefits. Mihir Ashok Tanna, Associate Director (Direct Taxes) at S K Patodia ...
CNET5d
There Are 22 Types of 1099 Tax Forms. Here's How to Know Which Ones You'll Get
Businesses will also send a copy of your 1099 forms to the federal tax agency ... such as Supplemental Security Income (SSI) or Medicaid. These programs have low ceilings for how much income ...
Philadelphia Tribune5d
City extends deadline to file for low-income property tax freeze
Philadelphia will extend the deadline to apply for the low-income property tax freeze by one month. A release sent out Wednesday announced that homeowners now can apply for this relief for 2025 ...
NBC 10 Philadelphia4d
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.
WAFF5d
RSVP offering free tax prep for North Alabama seniors
Program Director Betty Ruth said there is no minimum or maximum age that qualifies for elderly nor is there a cap for who qualifies as low-income. “Tax service is very expensive for individuals and ...
indiafilings.com4d
Income Tax Exemption on Withdrawals from National Savings Scheme (NSS)
In Budget 2025, Finance Minister Nirmala Sitharaman announced that withdrawals from NSS accounts made by senior citizens on or after August 29, 2024, will be exempt from tax. Previously, these ...