Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

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

The IRS is getting on with it quietly and rewriting a section of the tax playbook. This month, the agency published a draft ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Delhi ITAT confirms that a private trust with identifiable beneficiaries is eligible for the capital gains exemption under Section 54F, similar to an ...

The ITAT Delhi has ruled that the lease equalization charge, a standard accounting practice for finance leasing firms, is a valid deduction. The Tribunal held that this charge, recognized by the ICAI, ...

A new form with the Internal Revenue Service would allow taxpayers to claim deductions on cash tips they’ve earned throughout ...

NEW DELHI: Reporting Virtual Digital Assets (VDAs) on your tax return is not easy. Cryptocurrency-related transactions require scrip-wise reporting, meaning each transaction must be reported ...

New Yorkers have started to receive one-time inflation refund checks. Possibly. According to the New York State Department of Taxation and Finance, you may qualify for a refund if you met all of the ...

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

WASHINGTON (AP) — The threat of a government shutdown has become a recurring event in Washington, though most of the time ...

New Jersey residents seeking assistance with any of New Jersey's Property Tax Relief programs such as ANCHOR or PAS -1, help is here. The New Jersey Department of Treasury with the local community and ...