News

A federal judge's decision to allow the IRS to share tax data with ICE has raised alarms among immigrant advocacy groups.
A federal judge refused to block the Internal Revenue Service (IRS) from sharing information about migrants living in the ...
The Internal Revenue Service is facing a busy and uncertain future, with major staffing cuts, a decrease in funding, and high turnover — including a veritable revolving door of acting commissioners, ...
It is advisable to consult the official Income Tax website to confirm which form should be used while filling out returns. ITR-1 can be used by resident individuals with an income less than Rs 50 ...
The office of the Treasury Inspector General for Tax Administration has sought a wide swath of information from IRS employees. In particular, the office is seeking any requests for taxpayer data ...
AUSTIN (KXAN) — The Austin Police Department said 28 people were “exposed to a package with an unknown substance” inside a room at a southeast Austin IRS facility Friday afternoon.
How to deal with an overpayment of VAT output tax. A number overpayments of Output Tax (£500,000 ... We have notified HMRC and completed VAT form 652 who have agreed to refund the £500,000 and we will ...
Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...
every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ...
Starting in 2025, homeowners must include a Product Identification Number (PIN) from the manufacturer when filing IRS Form 5695. Only existing homes used as a primary residence qualify. New builds and ...
the IRS’s Direct File pilot flat out failed to list certain education tax credits from Form 8863. Hundreds of returns that had been submitted through Direct File would have been eligible for ...
There’s an extra reason to keep your expression of wish forms up to date — that is the decision to include unused defined contribution pensions in your estate for inheritance tax purposes from April ...