The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) held that deduction under Section 54 of the Income Tax Act ...

A timely administrative response is essential to uphold equity, reduce litigation and ensure that the tax system remains transparent and taxpayer-friendly ...

Discover effective strategies for managing stock options, including tax planning, cashless exercise, and optimizing profits from incentive and nonqualified options.

Learn how to resolve IRS tax liens, avoid asset seizure, and understand your options—payment plans, negotiation, and more—for tax debt relief.

Congress has passed a bill giving taxpayers who have been affected by natural disasters some extra time to file a claim for a ...

The tax/budget legislation known as “OBBBA,” signed into law at midyear, included provisions that will have a meaningful ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

As we approach the end of 2025, we wanted to highlight some key issues to think about before year-end, and items to consider ...

Property taxes are due Jan. 31, and most homeowners in Harris County should have already received their bills.

As we have written before, this system feels like something from the 19th century; it has the historical stench of a racist ...

Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...