The core issue was the denial of Foreign Tax Credit (FTC) due to two contradictory CIT(A) orders, one of which cited the late filing of Form 67. The ITAT ruled that since Form 67 was filed before the ...

To find the three critical tax changes for 2026 paychecks, Kiplinger considered tax breaks the IRS will soon add to its Tax ...

ITAT Mumbai ruled that a tax demand raised due to a typographical or inadvertent error, without any malafide intention, is invalid. Tribunal observed that assessee should not suffer unnecessary ...

The post IRS Delays Tax Reporting Changes To 2026 appeared first on Self Employed.

The IRS has issued an update which corrects some calculations as published initially by the IRS as part of the annual ...

The ITAT Chennai directed the CIT(E) to reconsider a trusts 80G application on merits, ruling it couldnt be rejected mechanically on grounds of delay. The Tribunal held that since the Finance Act, ...

Proposition 7 is a Texas constitutional amendment that would extend tax benefits to spouses of veterans who died as the ...

In a bold move to modernize federal operations, President Trump has redefined IRS refund processes, eliminating paper checks ...

The ballot language: “The constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the ...

Voters should support propositions that enact good policies and reject symbolic or ill-considered amendments to our ...

Ten of the 17 constitutional amendments on the Nov. 4 ballot restrict some form of taxation. Early voting starts Oct. 20 and ...

Ordinance, 2025, aligns state law with Central GST changes from the Finance Act, 2025. Key amendments cover tax on penalty appeals, ITC restrictions, and the new Track and Trace mechanism for ...