Proceedings for adjustment of refund to outstanding demand u/s 245 (1) of the Income tax Act, 1961 are pending. Proceedings ...

Tax filing season is upon us, and state and federal tax bodies are offering tips to ensure complete, accurate and timely ...

CBDT Chairman Ravi Agrawal "Finance Minister Nirmala Sitharaman also reinforced this approach in her Budget speech, where she outlined the government's vision of prioritising trust in tax ...

State Senator John Liu is partnering with the NYC Department of Finance to offer free sessions this tax season aimed at helping residents navigate key topics ...

In an exchange filing, IIFL Finance announced that the Income Tax Department is conducting a search at the Registered office ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Elon Musk's DOGE was previously granted access to the US Treasury Department's payment systems, drawing the ire of many ...

THE DEPARTMENT of Finance (DoF) pushed for a single tax rate on Thursday on all types of nicotine and vapor products to ease the collection burden on the Bureau of Internal Revenue (BIR). “It is very ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...