The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change ...

October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure all income is reported, and consider filing for an extension if necessary.

The Tribunal emphasized that an error regarding VRS exemption made by a salaried, non-technical taxpayer cannot be classified as deliberate under-reporting. With no false claim or suppression, the ...

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

The government estimates that as many as 1 million workers living in the country illegally are using fraudulent or stolen ...

Accountants are fast approaching busy season so it’s only natural that Making Tax Digital for income tax (MTD IT) might not be at the top of an ...

Saying Floridians need property tax relief now, former Florida House Speaker and 2026 Republican gubernatorial candidate Paul ...

ITAT held that reassessment notices under sections 147/148 were invalid as the reasons were vague and lacked tangible ...

CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) is pleased to announce a six percent increase to its common share ...

ATLANTA — A state legislative committee is eyeing cutbacks in $30 billion worth of tax credits and tax exemptions to offset the potential elimination of an income tax that generates $16 billion for ...

Mr. Trump announced on social media that he had signed the legislation, but the release of all the files is not guaranteed.