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INCOME PROOF FOR IRS
Costly tax errors: 5 filing mistakes that could drain up to $2,000 from your walletMany people make simple tax filing mistakes that cost them money every year. These include missing deductions, wrong income details, and no...14 Apr, 2026, 08.51 PM IST- Don’t get caught out: Key documents you need for IRS Tax relief claimsIRS tax relief needs proper documents like income proof, expenses, bank details and tax returns. These papers help the Internal Revenue Ser...14 Apr, 2026, 06.09 PM IST
- No more technical escapes? Finance Bill 2026 pushes taxpayers to fight cases on meritsThe Finance Bill 2026 introduces significant changes to tax litigation in India. Tax cases will now be decided based on facts and merits, m...30 Mar, 2026, 11.36 AM IST
- Tax refund not coming? IRS red flags worrying factors, here are Do's and Don'ts for taxpayers while filingTax filing in U.S.: IRS releases every year its "Dirty Dozen" of tax scams that target taxpayers. At the top of the list is impersonation o...17 Mar, 2026, 11.28 PM IST
- Amending your tax return: Step-by-step guide to filing Form 1040-XFiling an amended tax return can help fix mistakes in a previously submitted tax filing. Taxpayers use Form 1040-X to update information li...11 Mar, 2026, 06.53 PM IST
- Are Americans getting nearly $4000 in tax refunds as promised by Trump? New IRS data reveals the truthThe average IRS tax refund in 2026 has reached $3,804, according to the latest IRS filing season data. That is 10.2% higher than last year....04 Mar, 2026, 06.58 PM IST
- IRS offer in compromise: 20 million Americans owe back taxes in 2026 - Who qualifies for tax debt settlement and how the IRS calculates your reduced payment eligibilityThe IRS is managing more than $150 billion in back taxes this year. Many taxpayers are turning to the IRS Offer in Compromise to settle tax...11 Feb, 2026, 07.06 PM IST
- Americans in 23 states may qualify for a little-known Renter’s credit worth up to $2,720 - who qualifiesMillions of renters in 23 states and Washington, D.C., can claim hidden tax relief. Credits and rebates reach up to $2,720. Income limits, ...27 Jan, 2026, 09.07 PM IST
- Trump tax cuts may allow drivers to write off $10,000 in auto loan interestDrivers buying new U.S.-assembled vehicles could unlock major tax savings in 2026. Trump’s new tax law allows up to $10,000 in auto loan in...09 Jan, 2026, 07.58 PM IST
- Up to $25,000, tax-free: A little-known IRS rule is creating a rare cash opportunity for AmericansAmericans could miss up to $25,000 in tax-free tips and overtime deductions under new IRS rules. Only voluntary tips and the premium portio...22 Dec, 2025, 11.30 PM IST
- Coca-Cola’s $9-bn US tax appeal may shape India’s transfer pricing rulesCoca-Cola’s $9 billion US tax dispute over foreign affiliate profits may influence India’s transfer pricing audits. The US Tax Court reject...08 Aug, 2025, 10.37 PM IST
- Many foreigners submit wrong tax numbers to banks in IndiaBanks in India have found that many foreign nationals, including US citizens, have opened accounts using incorrect tax identification numbe...30 Jan, 2025, 11.46 PM IST
- Paying rent in cash without a rent receipt? Know why your HRA claim may be rejected, and you may get an income tax noticeHouse rent allowance: Tenants will get into trouble with the income tax department if they are paying rent in cash and the landlord does no...08 Jun, 2024, 06.43 PM IST
- Opting for new tax regime for TDS on salary? Issues you are likely to face while filing ITRThe Budget 2023 has made changes under the income tax laws, that have an impact on how tax will be deducted from the salary income by an em...18 Apr, 2023, 04.45 PM IST
- Forgot to submit LTC cash scheme bills to employer? You may be able to claim tax break in ITRWhat happens if the bills were not submitted to the employer before the March 31 deadline under the LTC Cash Voucher Scheme? As per charter...29 Sep, 2021, 09.31 AM IST
- What Indian Americans should know about Foreign Account Tax Compliance ActAccording to US tax code, all residents, green card holders and citizens of the US must declare and pay tax on their global income in the U...15 May, 2013, 06.23 PM IST
- Tips on financial support for US visaA prospective immigrant must show that his sponsor has the ability to maintain his income at a certain level.29 Jun, 2006, 09.38 AM IST
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