In a notable decision impacting taxpayers with foreign income, the Income Tax Appellate Tribunal (ITAT), Pune Bench, has ruled that a delay in filing the requisite Form 67 should not be the sole basis ...

In a significant ruling, the Kerala High Court set aside an Income Tax order that declined to condone a 25-day delay in filing an audit report (Form 10B) for the assessment year 2021–2022 by the St.

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

It’s time to file Income Tax Returns (ITR ... If the delay in forms and utilities continues till the end of June this year, the possibility of an extension of the deadline cannot be completely ...

The IRS reminds disaster victims that the extended tax deadline is May 1, 2025, for those in FEMA-designated areas ...

Americans who missed out on the third round of stimulus payments in 2021 have one last chance to claim their $1,400 recovery ...

The Income Tax Department is yet to notify the income tax return (ITR) forms for the financial year 2024-25 or assessment year 2025-26. Over the last 3-4 years, it has been seen that the Income ...

It is important to step back and consider which priorities the bill will reflect — whether it will prioritize tax policies ...

Are we getting another stimulus check in 2025? Here's what to know about stimulus checks, how to check on your IRS stimulus ...

May 17 is the last day to file for unclaimed $1,400 stimulus payments. Learn how to claim yours if you haven't yet.

The enhanced tax credits, first approved in 2021, would expire at the end of the year if Congress fails to act.

Southern California football coach Lincoln Riley was credited with $11.5 million in compensation during the calendar year ...