The new Income-tax Act has changed the way taxpayers talk about return filing, replacing "Assessment Year" with "Tax Year". But does that mean you'll have to file two ITRs? Here's what the tax ...

The battle over Washington's new income tax on high earners is one step closer to the November ballot. On Thursday, opponents ...

Ikechi NzeakoThe Lagos Chamber of Commerce and Industry (LCCI) has told the Nigeria Revenue Service (NRS) that REV360 failure demands immediate one-month filing extension and penalty waiver for ...

Many taxpayers mistakenly believe they only need to file an income tax return (ITR) if their income exceeds ₹4 lakh. However, ...

The Income Tax Department has allowed charitable trusts to file delayed Form 10AB applications for fresh Section 80G approval. The relief will help eligible trusts renew their registration and allow ...

New Rochelle accountant, Carmine Disanto is charged with stealing $200k from a client. He and his wife Patricia are also charged with tax crimes.

Resident Indians must disclose all foreign income and overseas assets, including foreign bank accounts, equity holdings, foreign retirement accounts and employee stock ownership plans in their income ...

For an emergency fund, both a high yield savings account and a short-term Treasury bill are safe places to park cash. The ...

The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by ...

ITAT held that increased employee remuneration cannot be disallowed merely because business revenue declined where the expenditure is justified and ...

ITAT Hyderabad deleted the Section 115BB addition after holding that the gaming platform's records showed a net loss, not taxable ...

The philanthropic world has seen noticeable growth in bequest activity over the past several years, according to highlights from a newly issued report produced by the Lilly Family School of ...