IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

Plus: Bonus depreciation is back, opening a Trump account, California’s billionaire tax, Head of Household filing status, ...

A new year means it's almost the start of tax season. Here's how soon you can file taxes and when the deadline is. Plus, see ...

The program lets U.S. taxpayers prepare and hold returns for electronic filing once tax season officially begins.

The tribunal held that late filing of Form 10B is a procedural lapse and cannot defeat exemption under Section 11. If the audit report is available before assessment or rectification, exemption must ...

If you are on Medicare and your 2024 modified adjusted gross income exceeded strict limits ($109,000 for singles; $218,000 ...

The “No Tax on Overtime” is a tax deduction that allows certain workers to deduct up to $12,500 in qualified overtime ...

The Tribunal emphasized that exempt income disclosed in the return cannot be taxed due to a technical reporting mistake. Substance of disclosure prevails over form where facts are ...

The Supreme Court’s ruling denying tax treaty benefits to Mauritius-based entities of Tiger Global is expected to have ...

The 1938 Fair Labor Standards Act (FLSA) made it illegal for most 13-year-olds to work in non-agricultural jobs in an attempt to stamp out exploitative child labor. If you were working in a kitchen as ...

The Single Person Child Carer Credit (SPCCC) is a tax credit worth €1,900 and is available to single parents who live with a ...

Cam’s point was simple: a lot of people had already bought suppressors or short-barreled firearms, but they delayed the ...