The Wagner Law Group continues to monitor the ongoing flood of “forfeiture” litigation. This alert is our seventh reporting ...

The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks ...

Canadian startups might find some extra cash on their books this holiday season, thanks to a key provision in Bill C-69, ...

CPAs need to be aware of current tax developments in key states to properly advise employers and clients doing business in ...

Conclusion: Despite late filing of Form 67, assessee deserved the credit for taxes paid in Nepal since the provisions of DTAA (in this case DTAA with Nepal) had an overriding effect over other ...

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 ...

When Ann Townson first moved into her flat in a retirement community ...

President Joe Biden says he was “stupid” not to put his own name on pandemic relief checks in 2021, like Donald Trump had ...

This requirement is outlined in the Internal Revenue Code (IRC). Certain tax-exempt organizations are required to use Form 990: Return of Organization Exempt From Income Tax to fulfill their ...

IRS Form 1040) must be no more than $300,000 for joint filers, $225,000 for heads of households and $150,000 for individuals. The income limit is based on your income in the year you get the ...

(D) Quieting Tax Title. The manner of notice and form of proceeding to quiet tax titles shall be provided by law. (E) (B) Movables; Tax Sales. When taxes on movables are delinquent, the tax collector ...

tax form used to report business-related income and expenses. Schedule C must be submitted with Form 1040, the standard tax return form. If you're self-employed, a sole proprietors of a business ...