As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program.

The Central Board of Direct Taxes CBDT on Saturday extended the due date for filing the return of income tax for tax payers with international transactions wh ...

1. (1) These rules may be called the Income-tax (Tenth Amendment) Rules, 2024. (2) Save as otherwise provided in these rules, they shall deemed to have come into force on the 1 st day of April, 2024.

A tax preparer who admitted to filing more than $3 million in fraudulent tax returns on behalf of her clients is facing up to ...

The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and report them accurately in their Income Tax Returns (ITRs). Income Tax ...

Eric Anthony, Supervisor for Upstream Petroleum Audit at the Large Taxpayers Office of the Ghana Revenue Authority’s (GRA) ...

1. Income-tax Act, 1961 require residents to disclose their foreign assets and income in their Income Tax Returns (ITR). Specifically, Schedule FA (Foreign Assets) in the ITR form is meant for ...

The Middle District of Georgia U.S. Attorney’s Office said in April 2022, Internal Revenue Service (IRS) agents conducted an ...

Self-employed individuals know they need to pay income taxes on their business earnings. However, another crucial tax ...

An Opposition emergency motion to suspend the provincial 15-cent-a-litre gas tax failed in the Saskatchewan legislature ...

A capital loss occurs when you sell a capital asset for less than you bought it. Capital losses can reduce your taxable income. Read on to learn how to put them to use.

As many as two lakh Income Tax ... ITR-1 or ITR-4 should file a revised or belated return by December 31 to escape penalty ...