Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...

"Non-profit organisations that are duly approved by the income-tax department can issue Section 80G certificates to donors": ...

A government program that allowed taxpayers to file free federal tax returns has been cancelled, but there are still no-cost options available — especially if you meet certain income requirements or ...

The Carney government intends to propose legislative amendments that would give the Canada Revenue Agency the authority to ...

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...

Explains how freelance income is taxed, what deductions are allowed, and why declaring all earnings is crucial for ...

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may receive a threat of legal action from the city of Cleveland.

Per the IRS, for tax year 2020, there's over $1 billion of refund money yet to be claimed. What's more, taxpayers need to ...

Translation: Only about a quarter of crypto investors are likely voluntarily complying with their tax obligations. But that ...

Waiting months for your income tax refund? The government may owe you interest. While CBDT Chairman Ravi Agrawal has ...

Separately, the lifetime gift and estate tax exemption (the amount you can transfer over your lifetime and at death before paying federal estate or gift tax) is scheduled to rise to an ...

Brex reports that proper invoicing is crucial for timely payments, outlining essential components and best practices to ...