Tax experts clarified that refunds have been put on hold, not denied, and will move forward once the mismatch is resolved ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

The new Form 211, 'Application for Award for Original Information,' lets people report tax noncompliance digitally.

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 ...

Workers should know about limits on these rules, and employers should be prepared to provide information on tipped wages and ...

The growing wait for refunds has left taxpayers looking for answers, and the real question is what exactly has changed this ...

Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...

Kerala High Court held that Bank is not required to deduct TDS on interest paid to senior citizen who has provided Form 15H. Accordingly, Bank cannot be considered as assessee in default for ...

Many salaried taxpayers are still waiting for their income tax refunds, and for a growing number of cases, the delay has ...

New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.