The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...
The U.S. Senate unanimously passed the Internal Revenue Service Math and Taxpayer Help Act, which will take effect 12 months after the president signs it. The IRS MATH Act amends Section 6213(b) of ...
The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers can provide Form 16A certificates as proof of TDS deduction, and it is the ...