October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

Tribunal holds that reassessment proceedings under Sections 147/148 are invalid as the notice was issued beyond the extended ...

The Tribunal held that penalty under section 270A could not stand because the JPACK ledger titled “SABARI” was not proven to belong to the assessee. The ruling emphasises lack of corroborative ...

Millions of Americans are poised to see bigger spring tax refunds, and the gains will not be limited to a narrow slice of ...

OTTAWA — Quebec Liberal MP Steven Guilbeault resigned from cabinet on Thursday, after spending all six years he has been a member of Parliament around that table. The final decision was made in the ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

The law included "no tax on tips" and "no tax on overtime," and the Treasury Department and IRS are now providing guidance as the law directed to help workers determine their dedu ...

THE WHITE HOUSE ON SUNDAY was gearing up to roll out a major proposal: the outlines of a prospective deal on expiring ...