Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...

Husband staying in UAE gets Rs 80 lakh from brother-in-law by executing gift deed in USA, tax dept issues notice, wins case ...

ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...

The IRS has decided not to continue its Direct File program, leaving many taxpayers, especially Latinos, seeking ...

The Tribunal held that dismissing an appeal without granting reasonable opportunity violates natural justice and restored the matter to the AO for fresh ...

Taxpayers who've faced delays due to errors in their income tax returns may soon breathe easier. The CBDT has introduced new rules aimed at correcting ITR mistakes faster and speeding up refunds.

Banks deduct tax deducted at source (TDS) if FD interest exceeds Rs 1 lakh in a particular bank. TDS isn't an extra tax; it ...

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax ...

The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

Treasury will end Direct File, an IRS bridge to your bank account.

Several years ago I was happily divorced. Checking in with an old friend, a woman I’d known in high school and college, the ...

The Oregon Office of Economic Analysis (OEA) has confirmed a more than $1.41 billion revenue surplus in the 2023-2025 biennium, triggering a tax surplus credit, or “kicker,” for the 2025 ...