The court held that an Assessing Officer must give clear reasons while rejecting an immunity application under Section 270AA. An unreasoned rejection order was found unsustainable and was set ...

The Patna High Court has provided relief to a taxpayer in a significant unexplained cash case. The court overturned an ITAT ...

Starting Jan. 26, all taxpayers, including those with an AGI above $89,000, can use the Free File Fillable Forms. As detailed ...

Canada’s Guaranteed Income Supplement (GIS) program is being updated in 2026 with raised income thresholds that allow more ...

For many Americans, the hardest part of tax season is not the math, it is figuring out whether they are even required to file ...

The IRS has officially released the inflation-adjusted tax brackets and standard deductions for 2025. Find out what's new and ...

While many people will have to wait until Jan. 26 to file their taxes, taxpayers who qualify for the IRS Free File program ...

Use your Identity Protection PIN (IP PIN). The six-digit number, which, in addition to your Social Security number, confirms ...

British Columbia uses a progressive provincial income tax system that directly affects how much of your pay you keep each ...

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

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Saver’s Credit can reduce federal ...

Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...