The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...

The Lahore High Court’s Rawalpindi bench has restricted the Federal Board of Revenue’s suo motu authority to amend deemed tax assessments, ruling that ...

Multiple notifications and circulars issued during the week implemented Budget 2026 measures across direct and indirect taxes. The updates impact compliance, exemptions, refunds, automation, and ...

Affordable but unimpressive tax preparation ...

Doing even one of these tasks yourself could save hundreds of dollars annually.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...