Filing Income Tax Returns (ITR) honestly is not just a legal obligation but also a financial safeguard. The Income Tax ...

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load ...

Filing an Income Tax Return (ITR) comes with the opportunity to claim deductions and refunds, but any false or inflated claim ...

Missing the ITR due date u/s 139(1) mandates the use of the new tax regime, as the option to choose the old regime or file Form 10−IEA is ...

The Federal Board of Revenue (FBR) has finally extended the deadline for filing income tax returns for the Tax Year 2025, ...

Says unverified reports have attempted to link "perceived extension" to recent floods; says reports claiming Iris system has ...

One of the main reasons is cost, as many countries offer a lower cost of living than the U.S. When you’re relying on Social ...

Ultimately, the decision to move abroad in retirement may be one of the biggest decisions of Neil’s life. Before he makes his ...

The TAS Act is bipartisan proposed legislation that undertakes the ambitious goals of modernizing the IRS and improving ...

ITAT Surat condones delay in appeal against an increased capital gain demand under Sec. 143(1), ruling the delay was justified by the assessee's pursuit of rectification ...

Jenny Wicke failed to report nearly $1.5 million in sales at her Nekoosa restaurant over four years, according to court ...

The IRS was not entitled to a presumption of proper mailing for a notice with an erroneous address that it contended the taxpayer nonetheless received timely, the Tax Court held.