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

A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 ...

The Tribunal clarified that expenditure disallowances do not qualify as assets under section 149(1). Without asset-based escaped income, reopening beyond three years is barred. This offers strong ...

The issue was whether interest earned from co-operative banks qualifies for deduction under section 80P(2)(d). The Tribunal held that co-operative banks are co-operative societies for this provision, ...

Tax season is officially upon us and taxpayers will be able to start filing their 2025 federal income tax returns on Jan. 26 ...

Tax season officially begins on Monday, Jan. 26, when the IRS starts accepting and processing 2025 federal tax returns.

A person may be able to file as Head of Household if their spouse has not lived with them for the last six months of the tax ...

The AICPA’s Tax Division volunteer committees and technical resource panels can point to many positive results last year from its advocacy to Treasury, the IRS, and Congress for law changes and ...

With Budget 2026 on the horizon, the ICAI has proposed allowing married couples to file joint income-tax returns, aiming to ...

Penalty Waiver In The First Year Of Implementation Of The Stamp Duty Self-Assessment System. Legal News and Analysis - ...