Many people aim to write checks to their favorite charities sometime before Dec. 31, as part of year-end giving. Yet, key tax ...
TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...
The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.
There is a lot of admin involved, which is mounting due to the new Renters Rights Act and other changes - as well as tax. Our ...
This will help cut waste, avoid unnecessary worry for customers and improve the conditions needed for them to grow.
After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.
IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular Medicare Part B and Part D premiums. The ...
The agency emphasised that all declared income and expenses must be supported by a valid electronic tax invoice.
The Tribunal found that the addition was inferential and lacked corroborative evidence of concealment. It concluded that penalty under section 271(1)(c) could not be ...
The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...
Tribunal reviewed onion cultivation expenses claimed at 21% of gross receipts and found CIT(A)’s 35% estimate excessive. Net agricultural income accepted at Rs.67.12 lakh, partly allowing the ...