The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.

Taxpayers across the country are filing incorrect and incomplete ITR forms, this has triggering ‘defective return’ notices under Section 139(9) of the Income Tax Act. Check out this simple ITR fix to ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

The CRA officer denied his second request for relief, concluding that the taxpayer’s misinterpretation of his RRSP deduction ...

Taxpayers are now required to verify their Income Tax Returns (ITR) within 30 days of filing, failing which the returns are ...

Enrico Ronquillo was indicted for allegedly impersonating a U.S. citizen aboard the Discovery Princess cruise ship.

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and processing delays, a report says.

The state of Florida has accused Ying Zhang, who goes by “Kate,” of being part of the illegal gambling ring conspiracy that ...

Members of the Michigan Board of State Canvassers on Thursday walked back their approval for a proposal to raise taxes on the ...

Tax Season launches today with the first batch of auto assessments rolling out. Here are all the changes taxpayers should take note of.

Gujarat High Court quashes ITAT order, directing condonation of delay in Form 10B filing for a charitable trust, citing technical issues and judicial ...

The far-right opposition party Alliance for the Union of Romanians (AUR) announced, in a press conference held on July 9, ...