There’s a high probability that Indians living abroad for work may miss out on taxation and compliance of rules that apply ...

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

If a political appointee tried to demand a probe of a left-wing donor, they would not only violate the law but also trigger a criminal reporting requirement.

Plus: More government shutdown news, new guidance for employers, foreign real estate taxes, name, image and likeness (NIL) ...

Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on ...

A fraudulent return cannot be fixed by submitting an amended return after the filer commits fraud, which means the best ...

The IRS has published its Internal Revenue Bulletin, which provides transitional guidance on filing returns related to specific interest received from loans for passenger vehicles used in trade or ...

OpenAI has asked the Trump administration to expand a major CHIPS Act tax credit to support the build-out of AI ...

New Yorkers are beginning to receive inflation relief payments aimed at offsetting rising costs, but the IRS has indicated ...

On September 16, 2025, the Internal Revenue Service (IRS) issued final regulations to reflect statutory changes under Section ...

The tribunal annulled assessment proceedings, holding that the approval under Section 153D was granted in a mechanical, ...

As readers may recall, on July 4, 2025, President Trump signed into law the massive One Big Beautiful Bill Act (OBBBA) as Public Law 119-21, which made permanent many provisions of the Tax Cuts and ...