Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable ...

A confidential investigation by the Income Tax Department has revealed a disturbing trend of radical Islamic expansion along ...

The US government should get access to the Apple Inc. accounts of a dual citizen of Italy and Switzerland to aid a foreign ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

The Income Tax Department has released software utilities for ITR-1, ITR-2, ITR-3 and ITR-4, enabling income tax return filing for FY 2024-25 (AY 2025-26). This year, the ITR forms underwent various ...

The local currency has recorded significant gains in recent days as the deposit money banks resumed overseas cards' transactions, Daily Trust can report.This means that banks' customers can use their ...

Banks to play key role against tax evasion Who should not pay the new tax? According to the Chairman of the Presidential ...

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.

The deadline for initial filings under the Corporate Transparency Act by foreign reporting companies registered to do business in the United States prior to January 1, 2024, has been reset to ...