The Income Tax Department has introduced a major overhaul in form numbering under the Income Tax Rules 2026, replacing several commonly used forms that were earlier prescribed under the Income Tax Act ...

The Madras High Court quashed the rejection of a condonation application, holding that the delay in filing Form 10B had a reasonable explanation. The Court directed reconsideration of exemption under ...

There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...

The Court held that rejection of condonation for a 50-day delay in filing Form 10B was improper when genuine hardship was demonstrated. It directed authorities to treat the audit report as filed ...

This is the time of year when people's minds are filled with tax issues — whether they're searching for free tax help they can trust, trying to squeeze out more valuable ...

The Internal Revenue Service is warning taxpayers about phony tips, tax credits and other viral advice that will trigger trouble with your return.

Giving a gift to a relative or friend can get you a gift in return from Uncle Sam in the form of future tax savings ...

From phishing emails to bogus tax credits, the IRS warns that scammers keep changing tactics. Here’s what you should know about the most common tax scams now.

Unless specific conditions are met, all trusts (other than bare trusts) are required to file a T3 return including Schedule 15 for taxation years ending in 2025. It's important to review the trust ...

Dreading April 15th, and the money you’ll have to part with? Philly experts are here to help.Dreading April 15th, and the ...

Placing an investment account in a trust can help manage assets and streamline inheritance, but it also introduces specific tax rules and reporting requirements. The tax implications depend on the ...