The Karnataka High Court has refused to quash prosecution initiated by the Income Tax Department against an assessee who had ...

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...

Section 276BB of the Act provides for prosecution in case of failure to pay the tax collected at source to the credit of Central Government. The provision of the said section states that if a person ...

As Virginia’s General Assembly reaches “crossover” on Tuesday — the midpoint of the legislative session when bills move from ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

The lingering effects of Monday's snowstorm has led some central Ohio school district to cancel or delay school again on Wednesday, Jan. 8. Most area school districts were closed Monday ...

President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Russia's Belgorod region bordering Ukraine came under multiple Ukrainian drone attacks on Sunday, and two civilians were ...

According to Missouri statute, the county collector’s offices cannot waive late fees from tax payments received after the due date because of the post office’s delays.

Canada’s government is reversing course on a signature tax measure, deferring the implementation of an increase to ...

Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...