The Finance Bill, 2026 clarifies who can issue notices under sections 148 and 148A. It confirms that only jurisdictional Assessing Officers, not faceless units, can conduct pre-notice ...

It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers ...

Learn how to launch a 501(c)(3) not-for-profit by covering key areas such as IRS compliance, governance, board structure, ...

The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income ...

The Tax Court held it lacked jurisdiction over the Sec. 6226(b) deadline for filing a petition for readjustment of partnership items under the Tax Equity and Fiscal Responsibility Act’s regime, and ...

Learn about combat zones and their tax benefits for military personnel, including income exclusions and regions recognized for combat zone status by the IRS.

More Texans have signed up for health insurance through the Affordable Care Act marketplace compared to last year — despite the expiration of federal ...

A regional trial court has convicted the top officers of Decarich Supertrade Inc. for tax violations linked to a “ghost corporation” scheme involving the ...

Jonathan Gruber, an economist at M.I.T. who helped the Obama administration estimate the costs of various policy options, ...

President Donald Trump is suing the IRS and Treasury Department for $10 billion. He accuses them of failing to prevent a leak of his tax information to news outlets.

President Trump is suing the Internal Revenue Service and Treasury Department for at least $10 billion, claiming the agencies unlawfully allowed an IRS contractor to leak his tax returns and those of ...