The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...

On June 20, 2025, the US District Court for the District of Arizona denied a motion for summary judgment that was filed by Stenson Tamaddon LLC (StenTam). The tax advisory firm argued that IRS Notice ...

State estate taxes Some states may impose an estate tax of their own (and the exemption amounts aren’t always as generous as the federal estate tax exemption). For instance, in Massachusetts ...

Tax filing season begins for the financial year 2024-25, and the assessment year 2025-26 has officially commenced, with salaried employees in India having received their Form 16 documentation. There ...

Trump administration officials announced Tuesday that the Internal Revenue Service (IRS) is actively “tracing money” connected to the recent left-wing riots that have besieged Los Angeles since June 6 ...

Democrats press Palantir about reported creation of IRS ‘mega-database’ Photo illustration by Cheng Xin/Getty Images By Edward Graham June 17, 2025 ...

The IRS has proposed a step it believes will streamline the process of applying for a private letter ruling (PLR). And it wants to know what you think about it. The IRS on June 16 announced that it ...

Form 16 is a crucial document for salaried employees as it reflects total salary, TDS deducted, and tax calculations. It comes in two parts—Part A (TDS details) and Part B (salary breakup, deductions ...

For employees, the form is usually shared directly by the employer via email or internal HR portals. It must be noted that the income tax department has notified the updated forms, and the return ...

WASHINGTON—The Senate confirmed former Republican Rep. Billy Long to run the Internal Revenue Service, placing a consistent and vocal supporter of President Trump in charge of the tax agency ...

WASHINGTON (AP) — Former U.S. Rep. Billy Long of Missouri was confirmed on Thursday to lead the Internal Revenue Service, giving the beleaguered agency he once sought to abolish a permanent ...