Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

ITAT Pune remands ESOP tax dispute, citing AO/CIT(A) failure to verify year of acquisition and valuation errors, directing ...

ITAT Mumbai holds TDS credit follows income, not PAN. Credit cannot be denied due to Form 26AS mismatch if income is taxed in assessee’s ...

In today's big story, Tesla finally shared details about a more affordable option of its most popular EV. Markets: See where some of the brightest young minds on Wall Street went to school. Tech: A $9 ...

Democratic presidential nominee Joe Biden and his running mate Kamala Harris will release their 2019 tax returns on Tuesday, the Biden campaign said, calling on President Donald Trump, who has come ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

ITR filing deadline: With just around 30 hours remaining to file the income tax return (ITR) for AY 2025-26, the citizens are trying to make full use of the time and submit their ITR in due time to ...