The Tribunal held that corpus donations received with specific directions are capital in nature and cannot be included in annual receipts. Since actual receipts were below ₹1 crore, exemption was ...

For a year, the Trump Justice Department has been on an odd mission: to assist a mysterious former FBI informant with ties to ...

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

Wondering if you qualify for IRS tax forgiveness? Learn OIC, penalty relief and hardship rules, plus what the IRS looks for.

An IRS installment agreement lets you pay tax debt over time. Learn the types of payment plans, eligibility requirements, costs and how to apply.

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?

This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer. There ...

The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan ...

My previous column outlined what happens when a nonprofit corporation loses its federal income tax exemption. The mission is threatened, the sales tax exemption is lost, grants are no longer ...

Your tax obligations did not disappear with the form.

KEY TAKEAWAY The IRS is moving away from paper refund checks this year, and is asking all taxpayers to include their direct deposit information on their 2025 tax returns.Taxpayers who don't include ...

The IRS will assume the reported income is legitimate and expect taxes to be paid, so it’s important to take action quickly.