The ITAT held that late filing of Form 67 cannot defeat a valid FTC claim. The ruling clarifies that procedural delays do not override substantive treaty ...

The ITAT held that taxing only TDS credit, while leaving the underlying undisclosed commission untaxed, is a patent error. Section 263 revision was rightly invoked to protect ...

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

FedEx completed $276 million in share repurchases via open market transactions during the quarter. Approximately 1.2 million shares were repurchased, with the year-to-date decrease in outstanding ...

In most cases, business credit card rewards aren’t taxable. The IRS generally treats rewards earned through spending as ...

As the Trump administration ordered agencies to eradicate “illegal” diversity, equity and inclusion efforts, we identified ...

Social Security beneficiaries may get good or bad news when they receive Form 1099, which shows the amount of benefits earned in 2025 and their tax liabilities when they file taxes in 2026.

The Income Tax department warns taxpayers about bogus political donation claims via SMS and email advisories to correct deductions.

Moulton is rolling out what he’s calling an “American Affordability Agenda,” this morning — a three-pillar pitch centered on ...

If you need help paying your heating bills in Kentucky, time is running out to apply for one form of assistance through Kentucky’s Low Income Home Energy Assistance Program.

Filing ITR can be a daunting task, and mistakes are common. In case someone is still waiting for their tax refund, it's ...

Taxpayers have reported delays in receiving income tax refunds, with many cases marked as 'under processing' for months.