Lok Sabha Speaker Om Birla constituted a 31-member Select Committee of Lok Sabha MPs to examine the new Income Tax Bill, ...

Under Section 80M of the present income tax law, Indian companies are allowed to deduct dividends received from domestic or foreign companies, as well as business trusts, when these dividends are ...

CELINA - This tax season, the Internal Revenue Service expects 140 million people to file returns by April 15. Luckily, ...

IRS Tax Attorney Steven A. Leahy of the Law Office of Steven A. Leahy, PC with Opem Tax Advocates joins the program to remind the dos ...

If you’re like many workers in the U.S., you may have been saving money in a health savings account (HSA) for years, which ...

Taxpayers were not entitled to deduct payments made related to out-of-state businesses as business expenses or losses, held the U.S. Tax Court, sustaining the IRS’s determinations of tax and additions ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/ .

The American Institute of CPAs is asking the Congressional tax-writing committees to broaden a deduction used by partnerships ...

Republicans took one step forward during the 2017 reforms, and this is their chance to avoid taking two steps back.

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for ...

The preliminary spending plan is based on an assumption that business tax revenues will rise, and there are several other sources of uncertainty, as the numbers-crunching process heads to lawmakers.