Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

Important notes on that site include needing to fill out a form W-2G, certain gambling winnings that a payer is required to ...

The regulatory environment for digital assets will have significant implications for state-level reporting requirements.

For business and professional taxpayers, switching tax regimes is more restricted. Once they opt for the new tax regime, they ...

The IRS is set to impose penalties on taxpayers who have failed to adhere to a crucial rule in their recent tax filings. This ...

The IRS says some Americans who have not filed their 2021 tax returns could be eligible for a pandemic-era relief payment, as ...

If you're a high-income earner, you may be subject to the Additional Medicare Tax, a 0.9% tax on earnings that exceed ...

Karnataka High Court held that interest under section 201 of the Income Tax Act and late filing fee under section 234E leviable for non-deduction of TDS from sale consideration paid to Bengaluru ...

Early withdrawals are generally subject to a 10% penalty, in addition to normal income taxes. But there are lots of ...

More than one million Americans have until April 15, 2025, to claim tax refunds and stimulus payments from 2021. The IRS ...