Tax-exempt hospitals provided nearly $149 billion in total benefits to their communities in 2022 alone (the most recent year ...

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...

In cases where the capital gain is not fully used before filing the income tax return, the unutilized amount must be ...

Leaving tax filing until the last minute carries its own risks. Important disclosures might be overlooked, or supporting documents may be unavailable. New regulations can also confuse taxpayers if the ...

Instead of asking for total itemized deductions, the form has separate lines for: ...

IRS updates Earned Income Tax Credit rules for 2025, giving low- and moderate-income families a major financial boost if they qualify.

Filing ITR? Don’t ignore exempt income. Tax expert Neeraj Agarwala explains why disclosure is mandatory, how capital gains reporting has changed for AY 2025-26, and why relying only on AIS can invite ...

Taxes can get complicated quickly, and the more money you have, the tougher they tend to be. So, if you have any of these 10 ...

In this week's Ask the Editor Q&A, we answer questions from readers on the OBBB's changes to the SALT deduction.

Kolkata ITAT ruled that a late-filed audit report is a procedural lapse, not a reason to deny an educational society's tax exemption under Section ...

According to the IRS, "qualifying medical expenses" for long-term care can include preventive, therapeutic, treating, ...

Explore the evolving jurisprudence on GST and employee secondments. This summary covers key court rulings and their implications for multinational companies' tax ...