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

"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 get opportunity to address discrepancies by filing revised or belated Income Tax returns for FY24 before December 31 ...

The federal government says it plans to move ahead with measures to make it easier for Canadian taxpayers to file their annual returns, building on efforts already underway.

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

Learn about FICA taxes, including Social Security and Medicare, and how they impact your paycheck. Understand the current ...

Is UK State Pension Taxable in the US? Understand the tax implications for UK state pensions for US residents under the US-UK ...

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.

You've set up a trust to protect your assets and your beneficiaries, but you still must choose the right person to execute ...

Black Money Act: ​"Failure to disclose foreign income or asset in ITR can mean assessment proceedings being initiated under ...

Success Tutoring and Achievers Tutoring received thousands in state funds from K-12 Education Tax Credit while paying ...

After reviewing the case, the ITAT highlighted the purpose of the Black Money Act, emphasizing that it addresses undisclosed foreign income and assets rather than technical or bona fide reporting ...