The Karnataka High Court ruled in favor of Dr. Sujatha Ramesh, allowing her to claim a capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, despite a six-month delay in ...
As tax season kicks off in the United States, millions eagerly await their refunds, a crucial financial boost for many.
Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing deadlines, industry updates, trivia, and more.
About 75,000 federal workers took a buyout deal from the Trump administration. The terms are different for some IRS employees. Learn more here.