ITAT Nagpur grants section 11 exemption where Form 10B was filed before return processing despite a missed filing deadline.

Revenue Procedure 2026-34 PDF expands the Employee Plans Compliance Resolution System and replaces and restructures the Revenue Procedure 2021-30 previously used by employee plan sponsors to make plan ...

The Internal Revenue Service today announced temporary administrative relief from reporting and recordkeeping requirements relating to taxes imposed by section 4041 (a) of the Internal Revenue Code.

Bombay HC protects settlement application filed on 18 March 2021 and invalidates CBDT additional eligibility condition of 31 ...

Individuals who worked as nonexempt employees at Ardent Health during the Kronos outage may be eligible to claim a cash payment from a class action settlement.

The Justice Department’s National Fraud Enforcement Division (Fraud Division), along with the Internal Revenue Service, Criminal Investigation, today announced a nationwide series of enforcement ...

Taxpayers facing financial hardship may qualify for IRS relief programs like Offer in Compromise. Here's how to apply and see ...

CBDT amends Income-tax Rules, 2026, revising Form 161 for penalty waiver applications and specifying additional tax ...

In order to attract hot money towards Indian equities, the government should look at abolishing the long term Capital Gains ...

A Boston City Hall employee agreed to plead guilty to pandemic fraud, for falsely claiming to be a small business owner to ...

The IRS already has a complete list of every W-2 and 1099 filed under your Social Security number, and pulling that list before you file can mean the difference between a clean return and an expensive ...