The Internal Revenue Service (IRS) has recently released its annual inflation adjustments for the 2025 tax year, providing ...

The deadline to file personal income tax returns for the Year of Assessment 2023/24 is 30 November 2024 and is fast ...

Wondering how to pay off tax debt? Using credit and signing up for IRS payment plans are both typically less expensive than ...

ITAT Vishakhapatnam held that non-payment of tax under the Income Declaration Scheme, 2016 against the income declared cannot change the character of the income declared under IDS, 2016.

Today the Internal Revenue Service announced increased to the federal income tax brackets and standard deduction for 2025. If ...

Our Federal Tax Group discusses the tax treatment of deferred revenue or advance payments in M&A transactions. The tax treatment of deferred ...

The petitioner acknowledged that TDS had not been remitted on time but asserted that the amounts were subsequently paid along ...

Rachel Reeves may extend the income tax threshold freeze to 2030, and particularly its impact on pensioners, please see ...

Failure to make federal student loan payments on time can spark what’s called a tax refund offset, which allows the ...

The guidelines for compounding of income tax offences have been simplified inter-alia by eliminating the categorization of ...

This month, West Virginia announced their new legislation developments. An updated Child Tax Credit (CTC) payment is planned ...

Sars has powers under the Tax Administration Act to issue a notice to a person who holds or owes money to a taxpayer to pay ...