ITAT held that delay in filing Form 9A cannot automatically result in denial of exemption under Section 11. The issue was ...

A study suggests the order of names on a joint income tax return can provide insights about the people filing. But does the ...

Millions of taxpayers may be owed an IRS refund for penalties or interest charged during COVID. You'll have to act quickly if ...

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

See the 2026 IRS deadlines and understand the usual refund timeline so you can plan your tax season.

ITAT Delhi held that a trust registered under Section 10(23C)(iv) was required to file Form 10BB instead of Form 10B. The Tribunal restored exemption after finding that denial by CPC under Section 143 ...

A top tax silk has denied two charges of cheating the public revenue by falsely declaring his income in self-assessment tax ...

A Kansas City woman has admitted to fraudulently obtaining more than $426,000 in pandemic relief funds through the federal Paycheck Protection Program.

Discover voluntary compliance, where taxpayers commit to reporting income and paying taxes accurately, essential for effective tax collection and enforcement ...

A Kansas City woman plead guilty in federal court to fraudulently receiving two Paycheck Protection Program (PPP) loans, ...

Inherited IRA tax rules: Recent IRS changes mandate beneficiaries to empty inherited IRAs within 10 years, with exceptions for certain individuals. Failing to take Required Minimum Distributions (RMDs ...

New Yorkers filing their 2025 taxes should be aware of the new requirements and updated credits, such as the Empire State Child Credit and the inflation refund checks, while the IRS may be difficult ...