Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states ...

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

Providers are watching to see how OBBBA's Medicaid provisions play out but may be unaware the bill offers “significant” tax ...

Kerala High Court held that declaring income and paying tax under Income Tax Act does not preclude action under the Benami Transactions Act, as both operate ...

ITAT Kolkata held that gifts received from a brother-in-law are exempt under Section 56(2)(vii), as the relationship qualifies as relative for tax ...

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...

Tax bills recently passed in Missouri and neighboring Illinois underscore the contrasting approaches that red and blue states ...

Tax ID” is a term that unifies the different TINs issued by the Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB), ...

Participants at Treasurer Jim Chalmers’ roundtable were told bracket creep and “inconsistent” taxation could discourage ...

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authoritie ...

A new property purchase can feel like a proud milestone — until a letter from the Income Tax Department lands in your inbox ...