Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...

Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or foreign companies, as well as business trusts, when these dividends are ...

The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the ...

Gen Xers are relocating to retirement hot spots for better housing, lower prices, and warmer weather, but these areas come ...

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, expired on Dec.

Madras High Court has set aside the tax assessment order against Pavai Varam Educational Trust for the assessment year 2020-21, citing that the petitioner had filed its tax returns and audit report ...

The matter primarily pertained to unexplained expenditures assessed under Section 69C of the Income Tax Act for the ...

IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained Elizabeth Young, director of tax practice and ethics for the American ...

The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with ...

Tax season started on January 27 and will end on April 15, with the IRS expecting around 140 million returns within that ...

About 75,000 federal workers took a buyout deal from the Trump administration. The terms are different for some IRS employees. Learn more here.