Source: The College Investor The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate ...

Failure to disclose foreign income and assets leads to violation of Black Money and Imposition of Tax Act, 2015. The last ...

As the nation's tax season approaches, the IRS issued a press release reminding people of simple steps they can take now to ...

Through the years, the U.S. Tax Court has clarified the gift tax consequences of terminating qualified terminable interest ...

"For the A.Y.2024-25 revised return can be filed up to 31.12.2024," said the department in its recent announcement. To report ...

People who submit self-assessment tax forms after February 1 could face a £100 fine from HMRC. Online tax returns must be ...

For those who dread tax season every year, the Oregon Department of Revenue says there’s no reason to let filing taxes cause ...

The IRS can impose significant penalties if you fail to file or pay your taxes on time. If the IRS claims the failure to file is fraudulent, the late filing penalty can be as high as 75 percent.

The total number of individuals reporting zero taxable income in their ITRs is 4.90 crore in Assessment Year 2023-24, up from ...

It's official | They confirm that all tax refunds will be suspended after this date: how can I get them before then?

There are many investment options in today's time, but still people have a lot of faith in Fixed Deposit. FD is included in ...

ITAT Kolkata held that Rule 128 (a) does not preclude the assessee from claiming credit for FTC in case of delay in filing the required form no 67. Also held that filing of form 67 is procedural ...