Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

The new income tax bill is likely to bring a transformative shift in India’s taxation system by focusing on simplification ...

If you missed filing your tax returns for previous years, you can still submit them in 2025. The IRS allows taxpayers to file ...

The IRS can use aggressive tactics to collect your tax debt, but you may be able to negotiate a settlement instead.

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

The instruction emphasizes that departmental appeals should not disqualify eligible taxpayers from availing of the benefits of Section 128A. It also directs proper officers to withdraw such appeals or ...

Filing taxes isn't most people's idea of fun, but it's usually better to file early. After all, filing late can lead to some ...

Chief Commissioner of CT & GST, the petitioner challenged the demand of tax and penalty issued by the authorities. The impugned demand, dated 11th September 2024, was preceded by a detention order ...

If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file a free tax extension that will give you an additional six months to ...

The "ghost preparer" often doesn't sign the return and can vanish after tax season. The taxpayer can be left on the hook to deal with follow-up letters and actions by the IRS, possible penalties ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Erie County’s penalty fees of 18% exceed the 16% interest rate that New York banks are legally allowed to charge in loan ...