You should see this tax form if you were paid more than $5,000 in freelance income via third-party payment apps last year.

You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

Tether just notched a record $13.7 billion in annual profits, and made the announcement at the Plan B Forum in El Salvador, ...

The Guaranteed Income Supplement (GIS) is a monthly payment you can get if you are 65 or older. The Supplement is based on income and is available to Old Age Security pensioners with low income. It is ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

Ordinary income comes in two forms: personal income and business income. Personal ordinary income can be defined as cash inflow subject to the standard marginal income tax rates and defined by the ...

The transferring spouse or common-law partner and the receiving spouse or common-law partner must make a joint election on Form T1032, Joint Election to Split Pension Income. This form must be ...

Tax Exemption not available to the Electoral Trust if the above mandate is violated,” said the Income Tax Department. Amount borrowed or repaid on hundi (section 69D) Where any amount is borrowed on a ...

877A(g)(1) defines a covered expatriate as an individual who expatriates on or after June 17, 2008, and on the expatriation date: (1) has an average annual net income tax liability ... 2801 tax will ...