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

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

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 ...

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.

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?

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 ...

Virginians who earn part of their wages from tips would be able to legally deduct those gratuities from income that the state ...

Abdijalil Sheik-Yusuf went before the Minnesota Senate Taxes Committee with a critical plea. Not enough parents could take ...

With the beginning of income tax filing season just weeks away, the IRS says millions of taxpayers will qualify for the IRS’s ...