If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file ...

Appeal was partly allowed as ground no. 2 and 3 was dismissed as infructuous.

No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

As per the records of the Centralized Processing Cell (TDS), you have filed TDS Statement for 26Q, Quarter 2, F.Y. 2023-24; however, This TDS Statement has not been filed for Quarter 2 F.Y. 2024-25; ...

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies ...

The Tax Cuts and Jobs Act (“TCJA”), also referred to as the “Trump Tax Cuts,” reduced the corporate tax rate from 35% to 21%. This law is in the ...

The Minnesota Department of Revenue will open the state individual income tax filing season Jan. 28. For Minnesotans’ benefit and convenience, this date matches the opening day for the ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...