Have crypto earnings? New Income Tax Bill will see it as 'undisclosed income' during searches
The new Income Tax Bill, set to be tabled on February 13, categorises virtual digital assets, commonly known as ...
Tax Guru7d
Budget 2025: Block Assessment Amendments in Income Tax Search Cases
Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...
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How the IRS determines which SSDI benefits are taxable
Navigating the complexities of Social Security Disability Insurance (SSDI) taxation can be challenging. Understanding when ...
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Six tips to make tax-filing season easier
The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...
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IRS digital income tax, income limit before requiring to file
The IRS has revamped its tax reporting regulations for digital income, impacting how individuals report earnings from ...