The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

ITAT Mumbai held that delay in filing Form 10B does not invalidate a trust’s exemption claim if the form is submitted before assessment completion and the error is ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

ITAT Mumbai ruled that delay in filing Form 10B by Sacred Heart Church should not deny exemption under Section 11 and remanded the matter for ...

Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...

Regardless of where you live in the UK, your personal allowance will be reduced by £1 for every £2 you earn over £100,000.

Explore our complete guide to how every state taxes retirement income — including pensions, IRA and 401(k) withdrawals, and ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states ...

It seems that with Trump's arrival at the White House, all those initiatives implemented during Biden's administration, especially those that favored the ...

Achieve reports that filing Chapter 7 bankruptcy without funds is possible through fee waivers, legal aid, and DIY options.

As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...