The Finance Act, 2023 introduced Clause (h) under Section 43B of the Income Tax Act, which disallows deduction for payments due to Micro and Small Enterprises (MSEs) if not made within the prescribed ...

The deadline to file 2024 crypto taxes is April 15, 2025, unless individuals request an official extension. Not all crypto ...

If you've moved abroad, there's always one thing that brings you back home: taxes. Americans are subject to US taxes no ...

Earning £100 in passive income every day is a goal worth aiming for -- and our writer has a plan that could get the ball rolling.

April means tax season is winding down. Here''s what you need to know about deadlines, filing for an extension and how to ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

CPA personal financial planners’ ability to discern the story inherent in a client’s tax returns brings unique value to the ...

As the April 15 deadline looms, taxpayers across the United States are facing the annual rush to file their federal income ...

City Treasurer Paul R. Fear is reminding local residents that the 2024 City of Wilmington Individual and Business Tax Returns ...

How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?

The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last year to fix tax troubles.

Getting something you expected to pay for at a deep discount or even for free is exciting. In the case of forgiven debt, however, you may learn the deal wasn't quite as good as you thought.