Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.

Mumbai: As tax filing season for FY 2024-25 begins, salaried employees must deal with various documents and deadlines. But ...

Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status?

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

Those who’ve saved their gas tax receipts over the past year can now apply for the gas tax rebate. You must submit the ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

An under-the-radar provision of Trump’s spending bill lands a massive potential tax advantage for the ultrawealthy as part of a provision which would cost an estimated $378 billion.

Gasoline taxes increased in several states on July 1, just ahead of Independence Day weekend and vacation season. Included in the gas tax hike are several states that already boast some of the highest ...

You may be the most honest taxpayer, with a perfect record of tax compliance, diligently filing each year’s tax return, on ...

Discover how child support payments impact your taxes. Find out if child support is taxable and learn about claiming your ...

If you exceed the annual gift tax limit, you may have to file a federal gift tax return (IRS Form 709). But exceeding the limit doesn't necessarily result in owing tax, thanks to a high lifetime ...