The Tribunal ruled that filing Form 9A is not required when a charitable trust sets off earlier years’ excess application against current year income. The set-off is allowable as application of income ...

ITAT held that delay in filing Form 9A cannot automatically result in denial of exemption under Section 11. The issue was ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

Every year, tax day sneaks up in a hurry. Whether you use tax preparation software or outsource to a certified public accountant, here are some key strategies to ensure a smooth and worry-free tax ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. A pooled income fund is a type of charitable trust that pools and invests gifts to generate income. Income ...

Giving a gift to a relative or friend can get you a gift in return from Uncle Sam in the form of future tax savings ...

Jennifer Siebel Newsom receives about $150,000 annually from The Representation Project, her nonprofit group dedicated to fighting gender stereotypes.

Trump Accounts give eligible kids a $1,000 government head start -- but the tax rules are complicated. Here's how they work ...

New IRS regulations detail Trump account eligibility, opening procedures and $1,000 pilot program contributions for children ...

Discretionary assets under management (“AUM”), which primarily drives the firm’s revenue, decreased 1.2% during the fourth quarter, from $24.3 billion to $24.0 billion. For the year 2025, total ...