The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...

Tribunal emphasizes requirement of notice under section 153C for assessments in block period, quashing AY 2021-22 assessment framed without ...

The Tribunal ruled that reopening based solely on an Insight Portal flag without independent verification is invalid. It held that absence of tangible material and incorrect factual assumptions ...

U.S. Sen. Jim Justice of West Virginia has agreed to pay nearly $5.2 million in overdue personal taxes. An attorney for ...

Millions of Americans will need to decide between paying skyrocketing health care premiums or going without coverage in 2026 ...

The One Big Beautiful Bill Act passed in July 2025, made some long-awaited permanent changes to the tax code. But as we approach the end of the year, our focus must shift to the new, temporary ...

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

The Equal Employment Opportunity Commission (EEOC) has been unusually active in recent months, issuing significant opinions on ...

It’s not at all unusual to encounter the owner of a New York business who dreams about leaving the State. The reasons often given for the desired ...

Republican Senator Jim Justice and his wife didn’t pay his taxes, and now have to pay the IRS $5 million.