On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...

Tax season can be one of the most stressful times of year for some individuals and families. But for many it comes with a ...

ITAT Jodhpur ruled in favor of the assessee, emphasizing that penalty proceedings are distinct from assessment proceedings. The tribunal noted that the mere disallowance of claims does not ...

Sections 147/148 remain applicable if AO opts not to invoke Section 153C: ITAT Mumbai upholds addition under Section 68 of ₹4.89 Cr.

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

Applications for the 2024 Property Tax/Rent Rebate program are now open, and Rep. Martin Causer, R-Turtlepoint, reminds area residents that free assistance is available through his office.

Although 2024 tax returns aren’t due until April 15, the IRS began accepting them last month. That means the 2025 tax season ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...

A large tax refund can feel like a win. But if you're living paycheck-to-paycheck, that refund might actually be hurting you.

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

Your employer, according to the IRS, is required to provide or send Form W-2, known as a "Wage and Tax Statement" to you no later than Jan. 31.