News

New disclosure norms under revised CSR-1 form aim to prevent misuse and ensure alignment with income tax rules.
When you donate or pledge money to a religious institution, Uncle Sam does not take a bite of that cash. For years, the ...
A policy change by the Trump administration could have large impacts on churches throughout Montana and the country. And in a ...
A plan to force the sale of federal public lands was taken out of President Trump's tax and spending bill but the fight appears far from over.
The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader. It banned all tax-exempt organizations like churches and charities from ...
Donald Trump has endorsed the IRS's recent decision to allow houses of worship to endorse political candidates without ...
USCCB Director of Public Affairs Chieko Noguchi released a statement to announce that the Church will not endorse political ...
A surprise move by the IRS that would allow pastors to back political candidates from the pulpit without losing their ...
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Delhi High Court held that Form ITNS-150 sets out quantum of tax determination to be paid by assessee in an order u/s. 143 (3) of the Income Tax Act, thus any amendment thereof is to be made within ...