Tax filing season is underway, and the IRS expects 164 million people will file returns by April 15. The average ...

The court ruled that delayed filing of Form 10 for income accumulation cannot defeat exemption when substantive conditions are met. Rejection of condonation was held ...

The new 2025 tax bill signed by President Trump includes a federal deduction for overtime pay. Learn who qualifies, how much ...

Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.

The Court held that failure to upload the prescribed form cannot defeat a tax benefit when the option was clearly exercised in the return. Procedural lapses were directed to be regularised under ...

Filing taxes can be confusing for cryptocurrency investors. In the earliest days, crypto trades weren't taxed or regulated.

Former MLB All-Star Yasiel Puig was convicted of obstruction and lying to federal officials regarding illegal bets placed with a gambling operation.

An Indian taxpayer successfully challenged the tax department in the ITAT Delhi. The tribunal ruled that foreign investments ...

The Earned Income Credit can reduce your tax liability and provide a refund. Learn about the updated AGI limits, QC rules and common pitfalls.

Over their career, every tax practitioner has had many client-taxpayers against whom a government’s taxing authority – be it federal, state, or ...

Through changes to assessment and penalty procedures, alongside selective exemptions and relaxed safe harbour norms, the ...

Withthe Budget now placed before Parliament, many who wait anxiously for this annual exercise will likely feel a sense of ...