Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form ...

The Bombay High Court set aside an order denying tax exemption to People's Mobile Hospitals, a charitable trust, for a delay of 84 days in filing Form 10B. The court ruled that the delay was ...

Tribunal held that technical issues in filing Form 56F cannot bar deduction under Section 10AA. Meghmani LLP’s Rs. 4.82 crore claim allowed as form submission was directory, not ...

This comes after the Internal Revenue Service (IRS) extended the original extended deadline of May 1 to Sept. 25 for many tax ...

Martin Lewis took to X to inform his 3.2 million followers that thousands of people should benefit from a new scheme being ...

All refunds follow the same process; however, larger amounts may undergo additional verification, which can cause delays.

Starting September 22, 2025, India will witness one of the biggest shifts in its indirect tax system since GST was first ...

Brex reports that having a business bank account separates personal and business finances, protects assets, simplifies taxes, ...

Trump's $1 million Gold Card visa provides a fast track for the wealthy—for now. Here's how it compares to a traditional green card.

BMC’s fixed deposits dropped by Rs 3,238.56 crore in 2023–24, an RTI by advocate Godfrey Pimenta reveals, raising questions ...