The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency ...

The IRS encourages taxpayers to utilize electronic payment options on IRS.gov before April 15 to avoid late filing fees and ...

The deadline to file your income taxes is fast approaching. Here's what you need to get them in on time and when to expect a ...

Find out how to take advantage of the extension resource and ensure that you effectively meet your tax obligations.

Tens of millions of Americans have already received tax refunds from the federal government, with the average return totaling ...

TO BE ANSWERED ON MONDAY, MARCH 10, 2025/PHALGUNA 19, 1946 (SAKA) SIMPLIFICATION OF INCOME TAX BILL, 2025 1803. SHRI MUKESHKUMAR CHANDRAKAANT DALAL: Will the Minister of FINANCE be pleased to state: ...

Government plans to ensure that the simplifications, through the new income tax Bill do not lead to unintended ambiguities or legal challenges in interpretation; b. how the Bill impacts revenue ...

In future, all activities of the NBR will be through digital platform. We will digitise everything. We are formulating a master plan, he says ...

Illinois U.S. Rep. Darin LaHood, R-Peoria, has introduced the Electronic Filing and Payment Fairness Act. LaHood notes that ...

Government is considering to undertake next phase of reforms to improve upon the existing GST implementation in the country as suggested by a consortium of Indian industries; c. if not, the reasons ...

Mumbai has upheld the order of the Commissioner of Income Tax (Appeals) [CIT (A)] in the case of ACIT vs. Jamnagar Utilities and Power Pvt. Ltd., allowing deduction under Section 80G for Corporate ...