If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will ...
President Donald Trump’s administration is urging states to follow its lead by enacting a slew of new tax breaks for ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
The ITAT held that a deduction under section 80JJAA cannot be denied merely because Form 10DA was partially invisible on the tax portal. The issue was remanded for limited verification now that the ...
Delhi High Court held that denial of benefit of Input Tax Credit [ITC] due to non-filing of TRAN-1 not justified since the ...
The Madras High Court remitted a GST order for fresh adjudication, emphasizing that the petitioner must submit a reply with supporting documents before finalizing the tax ...
Under the heading of “Important changes to the 2025 income tax package: What you need to know,” the CRA last week notified ...
The Court ruled that deductions could not be denied when ST-15 forms were genuine though stolen, and the assessee had no role in the theft. It held that denying benefit would unjustly penalize the ...
The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as ...
Neil McCoy-Ward on MSNOpinion

Who gets hit hardest by the $600 IRS rule

The IRS lowering the reporting threshold to $600 is creating chaos for small earners. Payments that once went unnoticed now ...
Uttarakhand High Court set aside a GST order after authorities ignored a valid adjournment request despite being informed ...
In a significant relief to a Government of India Public Sector Undertaking (PSU), the Punjab & Haryana High Court has set ...