Lord Tomlin’s 1936 ruling in Duke of Westminster v IRC laid the foundation for modern tax planning when he declared that ...

A total of 46,266 penalties were withdrawn in the tax year to April 2024 after being issued to people who either owed no tax ...

The Income Tax Return (ITR) filing season for FY 2024-25 is in full swing, but millions of taxpayers are still anxiously ...

The Treasury's financial crime agency delayed enforcement of a variety of Bank Secrecy Act requirements for investment ...

Salaried Individuals Get Deadline Relief Till September 15 In a major relief to taxpayers, especially salaried individuals ...

President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), enacting significant changes to the US ...

Simplify your ITR-2 filing for AY 2025-26 with this step-by-step guide, covering capital gains, property sales, and ...

The U.S. Holocaust Memorial Museum is among the organizations that have condemned making comparisons to the Holocaust and the Nazis for many reasons, including their historical inaccuracy and because ...

The “GENIUS Act” represents one of the most significant amendments to US bankruptcy law since 2005, by allowing stablecoin ...

Instead of filing a full ITR, a new, easy-to-fill form will be introduced. This form will automatically pull TDS data from ...

Instead of filing ITRs solely for claiming TDS refund, taxpayers may be able to do it by just filling up a simple form, according to a report ...

A 2023 law, previously ruled unconstitutional by a Travis County judge, prevents cities from enforcing ordinances that don’t ...