Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

Summary: Presumptive Taxation under Section 44ADA of the Income Tax Act simplifies tax compliance for Indian freelancers earning from Indian and foreign clients. Freelancers in specified professions ...

DCIT, the Bombay High Court examined the legality of reopening assessments under Section 148 of the Income Tax Act. Bennett ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

From the holiday season to tax season … it’s time to dust off those financial records and report to Uncle Sam. Make a mistake ...

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has explained a structured procedure for conducting audits ...

President Donald Trump has issued a “full and unconditional pardon” to Washington, DC, police lieutenant Andrew Zabavsky and ...

From the holiday season to tax season, it’s time to dust off those financial records and report to Uncle Sam. Make a mistake and you could get the dreaded letter that you’ve been audited. The IRS ...