ITAT Mumbai ruled that a tax demand raised due to a typographical or inadvertent error, without any malafide intention, is invalid. Tribunal observed that assessee should not suffer unnecessary ...

Seniors will see a modest $56 Social Security COLA increase in 2026, but a new $6,000 tax deduction may help offset rising ...

Gifting a car comes with paperwork and possible tax implications, so make sure you understand the requirements Scott Nevil is an experienced writer and editor with a demonstrated history of publishing ...

As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of ...

Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" ...

Bombay High Court directed the government to pay ₹71.31 lakh interest on IGST illegally collected on ocean freight, ruling that denial violated the principle of unjust ...

A proposed Social Security tax break could significantly impact Idaho seniors, offering an average $6,000 boost in tax ...

In this edition of the Two-Minute Money Plan, Greg Reynolds with Reynolds Wealth Management discusses significant changes the IRS has made to long-term capital gains tax brackets for next year.