News

Mysterious ways; penalty kick; please, Mr. Postman; and other highlights of recent tax cases.
Here's status update on DOGE check, eligibility, inflation refund, how to track IRS state, federal tax refund by social security ...
ITAT Mumbai held that revisionary order passed u/s. 263 of the Income Tax Act cannot be sustained to the extent AO duly examined the issue during scrutiny assessment proceedings and plausible view ...
Carl Delano Torjagbo was convicted Friday for lying to the federal government on tax forms to get millions of dollars in taxpayer funds he then spent on himself. He faces 170 years in prison.
Butler County’s struggles Established in 1952, the Animal Friends Humane Society racked up $581,000 in operating losses between 2021 and 2023, according to its tax returns. In 2022, a volunteer ...
Madras High Court held that input tax credit [ITC] which is barred by limitation in terms of Section 16(4) of the Central Goods and Services Tax Act, 2017 [CGST Act], but, within the period prescribed ...
The last minute intervention of the bankruptcy regulator has scuttled Sydney pub baron Jon Adgemis’s attempt to broker a deal with his creditors whom he owes $1.5bn, as significant unresolved tax ...
Creditors navigating the challenges of Subchapter V bankruptcy proceedings must understand their rights, strategies for protecting their interests, and remedies for addressing debtor misconduct.
Governments around the world are banking on infrastructure investment to return economies to growth. But where will the money come from?
Political partisanship and the desire to reduce government spending threaten the stability of publicly funding infrastructure projects. Vulcan has a favorable geographic footprint in states that have ...
It may go down as a big social media gaffe, but it also put a spotlight on the harsh truth about the price of food.
The Houston Astros have reacquired star infielder Carlos Correa from the Minnesota Twins in a blockbuster deal that sent ...