An accountant was imprisoned today in a tax shelter crime for $1.3 billion in fraudulent tax deductions worth over $400 ...

ITAT Jodhpur ruled in favor of the assessee, emphasizing that penalty proceedings are distinct from assessment proceedings. The tribunal noted that the mere disallowance of claims does not ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

Chelsea Clinton received $84 million in taxpayer dollars from the U.S. Agency for International Development.

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.