News

Commissioner Billy Long explained his management philosophy at the 2025 Tax Summit of the National Association of Enrolled ...
Here's status update on DOGE check, eligibility, inflation refund, how to track IRS state, federal tax refund by social security ...
The Income Tax Department has launched a nationwide crackdown on fraudulent exemption and deduction claims as the deadline for filing returns approaches. A letter issued by the Central Board of Direct ...
The CBDT has extended the deadline to process income tax returns electronically filed up to 31 March 2024 that were wrongly rejected by CPC. Taxpayers will receive official notices by 31 March 2026.
The $1,390 stimulus checks are expected to be sent out mid-summer 2025 and will be issued to help low and moderate income households pay for essentials such as rent ...
The Kerala High Court clarified eligibility for Income Tax Settlement applications, quashing a CBDT condition and allowing a delayed filing due to Supreme Court's COVID-19 limitation ...
Assessee-trust registered under Sections 12A and 80G had filed its return of income for (AY) 2017-18 declaring nil income. The return was processed under Section 143(1), and the case was selected for ...
Some common retirement choices can increase your tax burden. Learn how to avoid costly mistakes and keep more of the savings you've worked hard to build.
The Madras High Court ruled that income tax assessment and penalty proceedings cannot survive if the foundational Section 148 reassessment notice has been statutorily ...
The IRS letters to current and former federal workers prompted tax experts to warn that the unpaid bills could be used as a ...
WXIN/WTTV – The consumer watchdogs at Scamicide are sending out a warning about a recent email phishing scheme involving ...
This year, the ITR forms were notified only by the end of May, much later than usual. After that, the utilities were rolled ...