Taxpayers who proactively disclose their previously unreported income often receive more lenient treatment from the IRS ...

On the other hand, if the governments do not act on differentiating milder alcoholic beverages from hard liquor, the target ...

President Joe Biden awarded the Presidential Medal of Freedom this month to George Soros, a billionaire philanthropist who ...

The Budget, while in exercise in nominal numbers, is expected to help all of us live and aspire for a better real life. It is ...

“1. The Ld. CIT (A) has erred in law and on facts of the case in confirming the action of the Ld. AO in disallowing exemption of Rs.10,67,766/- u/s. 11 of the Act.

Herbert Kickl, who now has good chances of becoming Austria's next chancellor, has radicalized the FPÖ in recent years. He ...

Taking the time to inventory your belongings now, before tragedy hits, can go a long way toward giving you peace of mind ...

1. Aforesaid appeals by assessee for Assessment Years (AY) 2018- 19 & 2019-20 have identical issue i.e., allowance of foreign tax credit (FTC). At the time of hearing, none appeared for assessee and ...

Owe the IRS? You’re not alone. In fiscal year 2024, individual taxpayers will owe an estimated $525 billion in tax debt.1 ...

A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...

The income tax deadline is April 15 for most taxpayers. But taxpayers in Florida, North Carolina, and other areas hit by ...