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How can I get my income tax refund?

Login in the Income Tax e-Filing website and go to ‘My Account’ → ‘Refund Re-issue request’. Select the mode of re-receiving the refund: ECS or Cheque, Pr...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is NJ state income tax?

Personal income tax 1.4% on the first $20,000 of taxable income. 1.75% on taxable income between $20,001 and $35,000. 3.5% on taxable income between $35,0...

Does federal income tax change each year?

Every year, the IRS makes adjustments to personal exemption, standard deduction, tax brackets, and other tax credits to account for changes in the cost of...

Why is my federal tax refund being delayed?

In fact, several IRS compliance programs take or hold refunds for millions of taxpayers each year. Here are some of the reasons why your tax refund may be...

Which countries give residency if you buy a house?

The program also gives home buyers visa-free travel to more than 100 countries, including the Schengen Zone (25 EU countries), Canada, the UK, Hong Kong, ...

Can a married couple file a separate tax return?

Taxpayer B has a valid SSN, but Taxpayer A does not qualify for an SSN. Instead, the Taxpayer A has an Individual Taxpayer Identification Number (ITIN) wh...

Can I request a tax transcript over the phone?

You may use Get Transcript by Mail or you may call our automated phone transcript service at 800-908-9946 to order a tax return or tax account transcript ...

How long should old pay stubs be kept?

1 year Store 1 year: regular statements, pay stubs You should also hold on to pay stubs so that you can use them to verify the accuracy of your Form W-2 w...

What things do federal taxes pay for?

The federal taxes you pay are used by the government to invest in technology and education, and to provide goods and services for the benefit of the Ameri...

Is TDS deductible on donations paid?

Contributions made to certain relief funds and charitable institutions can be claimed as a deduction under Section 80G of the Income Tax Act. All donation...