Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...

Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Tamil Nadu Finance Minister Thangam Thennarasu on Friday stated that the central transfers from the Union Government in the ...

Recovery of credit taken based on documents issued by the ‘input service distributor (ISD)’ by subjecting it to scrutiny for eligibility thereof at recipient unit; Section 2 (61) of CGST defines ...

OCU accounting students provide free tax prep through April 12 via the IRS-sponsored VITA program, assisting low-income ...

Ellis emphasizes that tax planning should be constant for small-business owners and shared some tips. Ellis said that weekly ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

If you heard the term tax refund for the first time when the Minister of Finance, Dr. Cassiel Ato Forson, mentioned it, this ...

Advance Tax means paying your income tax in installments throughout the year, rather than all at once at the end of the year.