The IRS will likely appeal the ruling, but taxpayers cannot wait to file claims, as there is a limited time to seek refunds ...

Registering a US LLC may cost $100, but Indian founders often overlook the real annual expenses. From Form 5472 penalties to state fees and FEMA compliance, the true cost can reach $3,600 a year.

IRS penalties charged during COVID-19 may be refundable for Ohio taxpayers. Here’s what to know before the deadline.

The government has asked domestic LPG users to shift to piped natural gas (PNG). To promote this, the Centre has also said ...

Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.

Patchwork state policies and limited federal oversight have led to a fragmented system for tracking when potential organ donors provide consent or change their minds.

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...

The Court upheld rejection of condonation where delay exceeded 365 days under CBDT Circular. It clarified that Commissioners lack authority beyond this limit but relief may be sought from ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?

Millions of Americans may receive tax refunds in 2026 due to a court ruling. The decision impacts those who paid IRS penalties and interest during the COVID-19 pandemic. Taxpayers must file claims by ...

ITAT held that exemption under Section 11 cannot be denied via rectification under Section 154 for alleged delay in filing Form 10B. The issue involved disputed facts and prior acceptance, making ...

The ITAT Gauhati ruled that relief under Section 89(1) cannot be denied solely because Form 10E was not filed before the due ...