After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.

Explains how foreign earnings must be reported as business income, converted at the correct exchange rate, and supported with documentation. Key takeaway: GST applies only once turnover crosses ₹20 ...

Confused by India's 30% crypto tax and 1% TDS? Our comprehensive guide explains the rules, how to handle losses (no set-off!), tax on airdrops and staking, and step-by-step instructions for filing ...

Compliance can be complicated and some advance work can be very helpful — especially when complicated rules and deadlines like those entailed in the SECURE 2.0 Act are involved. So suggested an expert ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

Retired employee got Rs 13 lakh as leave encashment; tax dept denies tax exemption; ITAT Jaipur applies Rs 25 lakh leave ...

The Oregon Office of Economic Analysis (OEA) has confirmed a more than $1.41 billion revenue surplus in the 2023-2025 biennium, triggering a tax surplus credit, or “kicker,” for the 2025 ...

The Madras High Court held that recovery of penalty under Section 271(1)(c) shall remain stayed when the main income tax appeal involving related issues has been admitted by the ...

The (OEA) has confirmed a more than $1.41 billion revenue surplus in the 2023-2025 biennium, triggering a tax surplus credit, or “kicker,” for the 2025 ...

Oregonians can plan to receive a kicker credit on their tax returns next year for 2025. According to the Oregon Department of ...

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