New ITR forms coming soon, here’s what taxpayers must know about Income Tax Act 2025

The government has clarified that redesigned Income Tax Return (ITR) forms under the Income Tax Act, 2025, will be issued before the 2027–28 financial year. This will give taxpayers clarity on the ...

6 Tax Deadlines Business Owners Need to Know for 2026—and 1 for 2027

March 16, 2026: Tax returns are due for partnerships and S corporations that follow the calendar year. If your business ...
The College Investor on MSN

TaxAct Review 2026: Pros, Cons, And Alternatives

Quick Summary ・Clear pricing model with four tiers based on your tax filing needs ・Add live advice from a tax pro for $45, a ...
The Tax Adviser

Changing an existing LLC’s federal income tax classification

A limited liability company (LLC) can change its entity classification for tax purposes by filing Form 8832, Entity Classification Election, or by incorporating under state law. These and other ...
Seeking Alpha

EQV Ventures Acquisition Corp. and Presidio Petroleum LLC Announce Filing of Amendment to Registration Statement on Form S-4 with the SEC

Fort Worth, TX, Oct. 07, 2025 (GLOBE NEWSWIRE) -- EQV Ventures Acquisition Corp. (NYSE: EQV) (“EQV”), a special purpose acquisition company sponsored by EQV Group, and Presidio Investment Holdings, ...
CNN

A new rule means some 401(k) contributions will no longer be tax-deferred. Here’s who will be affected

A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created ...
City & State New York

What are Mamdani’s plans to tax the rich?

One of New York City mayoral nominee Zohran Mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign ...
Entrepreneur

Switching to a C Corp Could Save Your Business Thousands — Here’s How

Business owners have a lot to unpack in the One Big Beautiful Bill Act (OBBBA). Here’s how it incentivizes the C-corp structure, particularly in growth-focused businesses. The OBBBA solidifies the 21% ...
Forbes

A First Look At The New Tax Form For Claiming Deductions For Tips, Overtime, Car Interest And Seniors

The IRS has released drafts of some 2025 tax forms, including the new Schedule 1-A, Additional Deductions. You’ll use Schedule 1-A to calculate new deductions for tips, overtime, car interest, and ...
CBS News

Billionaires pay a lower tax rate than the rest of America's taxpayers, new study finds

The rich are different from other people — and that also applies to the share of their income they pay in taxes, according to a new study from University of California, Berkeley, economists. The ...
JD Supra

Scope of Ohio Commercial Activity Tax Agency Exclusion Remains Unsettled Following Ohio Supreme Court’s Decision in Aramark Corp. v. Harris

Aramark provided food service operations to various clients (e.g., hospitals, universities, corporations, sports arenas, etc.). The clients paid Aramark a management fee. In addition, the clients ...