Three recent Tax Court decisions demonstrate the difficulties taxpayers may have in substantiating and proving an NOL ...

A U.S. District Court in California has allowed the IRS to serve a John Doe summons on JustAnswer LLC to determine if the ...

Republicans on Capitol Hill are currently laying the groundwork for extending the Tax Cuts and Jobs Act of 2017. Major ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

The 2024 income tax reforms introduces revised tax slabs, higher deductions, and simplified TDS and capital gains rules, ...

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July ...

Eaton Vance Municipal Bond Fund is a tax-free income opportunity despite risks, including leverage and interest rate ...

One must note that prior to issuing a refund, the Income Tax Department must ensure that certain criteria are met. One of the ...

Ukrainian President Volodymyr Zelenskiy said on Monday that more than 3,000 North Korean soldiers have been killed and ...

Income tax updates for 2024 include revised slabs, enhanced deductions, higher corporate NPS limits, updated capital gains tax rates and revised holding periods. Key changes to impact ITR filing in ...

Discover how to earn tax-free interest income through investments. Understand the rules and benefits of tax-exempt interest ...