As the owner of Jean Tax Financial & Notary Services in Elmwood, he filed at least 146 false returns for more than 50 clients ...

Investors in direct lending face significant tax implications on their returns, with profits being classified as ordinary ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

This extension provides affected taxpayers additional time to file various tax returns and make necessary tax payments. It also applies to 2024 contributions to Individual Retirement Accounts (IRAs) ...

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and ...

If IT modernization projects fall behind schedule, IRS staffing cuts could jeopardize the success of next year’s filing season, an agency watchdog warns.

As tax season approaches, property investors are being urged to plan early and strategically to optimise their returns and ...

CBDT allows processing of delayed ITRs filed under Section 119(2)(b) by March 2024. Refunds and related provisions to follow, ...