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2. Tax deduction at source - Wikipedia

   en.wikipedia.org/wiki/Tax_deduction_at_source

   Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income tax must be deducted at ...

3. 20 valuable small-business tax deductions - AOL

   www.aol.com/finance/20-valuable-small-business...

   For 2023 taxes, you can deduct 65.5 cents per mile. For 2024 taxes, you can deduct 67 cents per mile. If you have only one vehicle and use it for both personal and business needs, you need to ...

4. Tax Deduction and Collection Account Number - Wikipedia

   en.wikipedia.org/wiki/Tax_Deduction_and...

   The Tax Deducted at Source (TDS) on payments made by assessees is deposited under the TAN to enable the assessees who have received the payments to claim the tax deducted in their income tax return. ApplicationTAN is applied through "Form No. 49B" (prescribed under Indian Income Tax Law). A completed form can be submitted online at the NSDL ...

5. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   The form W-12 is a form for tax preparation professionals to apply for their ID Number. It is being phased out in favor of an electronic application. Other forms Form 2553, 2005. Form 2553, Election by a Small Business Corporation, is used by small businesses to elect to be taxed as a "Subchapter S - Corporation" (S corporation).

6. Confused About Tax Deductions? Here's A Simple Guide To How ...

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   Common Itemized Tax Deductions . ... Mileage expenses: Self-employed taxpayers who use their vehicles to conduct business can deduct 56 cents per mile for 2021. You also have the option to claim a ...

7. 5 Unexpected Tax Deductions Every Small Business Owner ... - AOL

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   Here are five unexpected tax deductions every small business owner should keep in mind before filing. 1. Gym Memberships. Generally, gym memberships are not tax deductible. However, there are ...