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

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

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

Press Release - "Tax ID" is a term that unifies the different TINs issued by the Federal Inland Revenue Service (FIRS), Joint Tax Board (JTB), and State IRS.

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 ...

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 ...

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 ...

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

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax department has access to data related to property registrations, a simple mismatch ...

According to a city spokesperson, the attachment is included with the water bill once a year. The reminder was included with ...