Income tax daily updates
WebMar 9, 2024 · Biden’s budget seeks to make Medicare solvent beyond 2050 by raising the Medicare tax rate for high-income earners from 3.8% to 5%. But it does not include a similar solvency plan for Social ... WebApr 1, 2024 · Highlights of Finance Act, 2024. 1 April 2024. ...read more. Download. Calling for region preference of candidates nominated to the post of Inspector of Income Tax …
Income tax daily updates
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WebFeb 8, 2024 · Get information about tax refunds and track the status of your e-file or paper tax return. You can check the status of your 2024 income tax refund 24 hours after e … WebFeb 3, 2024 · The Finance Minister announced extending the benefit of the standard deduction to the new tax regime. Each salaried person with an income of ₹15.5 lakh or more will benefit by ₹52,500. It was proposed to reduce the highest surcharge rate from 37% to 25% in the new tax regime. This would result in the reduction of the maximum tax rate to …
Web2 days ago · The Insight portal of the Central Board of Direct Taxes (CBDT) provides information to assessing officers, who then send out notices under Section 148A seeking an explanation. "Increasing number of taxpayers are receiving reassessment notices recently under Section 148 of Income Tax Act, 1961, where department has been issuing show … Web2 days ago · The Insight portal of the Central Board of Direct Taxes (CBDT) provides information to assessing officers, who then send out notices under Section 148A seeking …
WebMar 27, 2024 · Taxpayers can now submit information online in response to 9 IRS notices. The change could help over 500,000 filers annually who receive these notices, including … WebMay 9, 2024 · No business tax return information is available online or via mobile app. To get an update on your status, call the IRS at 800-829-4933. Prior Year Refund Information. If you are filing a return from a previous year and are owed a refund, this info won’t be included in Where’s My Refund.
WebUnemployment Exclusion Update for married taxpayers living in a community property state -- 24-MAY-2024. Form 1040, 1040-SR, or 1040-NR, line 3a, Qualified dividends -- 06-APR-2024. Face masks and other personal protective equipment to prevent the spread of COVID-19 are tax deductible. New Exclusion of up to $10,200 of Unemployment Compensation ...
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