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TAN is a 10 digit alpha-numeric number issued by the Income Tax Department in India to persons who deduct or collect tax on payments. TAN is required for TDS/TCS returns, challans and certificates and can be applied online or at TIN-FC centers.
Free File is a program that allows U.S. taxpayers to file their federal income tax returns for free online. It is a partnership between the IRS and commercial tax software companies, and it offers free software or fillable forms to eligible taxpayers.
TDS stands for tax deduction at source, a means of collecting tax on income, dividends, or asset sales in India. Learn about the objectives, rates, provisions, and certificates of TDS under different sections of the Income Tax Act 1961.
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The following features make Form 16 an important part of the entire process of filing Income Tax Returns in India:- It is applicable to salaried personnel; It is a Tax Deduction at Source (TDS) Certificate issued by the employer; It acts as proof that the employer has deducted TDS while paying the employee
VITA stands for Volunteer Income Tax Assistance, a program that provides free tax preparation assistance to low- to moderate-income individuals and others through partner organizations. VITA volunteers are certified by the IRS to prepare tax returns, claim credits, and raise awareness of tax issues.
TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. It has been subject of controversy over its political influence, deceptive business practices, and blocking of free file program page.
IRS e-file is a system for submitting tax documents to the US Internal Revenue Service through the Internet or direct connection. Learn about the history, types, and benefits of e-file, as well as the authorized e-file providers and the direct file pilot program.
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