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

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

These can increase your tax liability and also result in penalties, fines and notices from the tax department.

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Parents filing 2025 taxes can now open a Trump Account for children. The IRS allows a $1,000 federal seed contribution using ...

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...

Indians earning salary income abroad can claim foreign tax credit even if Form 67 is filed late, as per a recent ITAT Delhi ...

The Tribunal ruled that non-filing of Form 10B is a curable defect and cannot justify denial of exemption during processing. Section 143(1) cannot be used to decide debatable exemption ...

Prediction markets are booming, but sports bets dominate. Explore the tax, legal, and regulatory battles reshaping America’s ...

Buying property from Non-Resident Indians creates tax hurdles for buyers. Current rules demand extra registrations and ...

Greenfield officials this week granted Hitachi Astemo a non-compliance waiver after the consumer electronics company did not ...

The authority rejected the refund citing non-submission of LUT before export. The court found that the clarification allowing ex post facto LUT was ignored and ordered ...