Explains why digital game skins are excluded from the VDA category and taxed under normal income-tax slabs. Key takeaway: traders avoid the 30% VDA rate but must follow standard business or ...

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 ...

Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...

Wife to get late husband’s job on compassionate grounds despite being over the eligibility age limit, Karnataka High Court ...

The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.

Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...

The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

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 ...

Several years ago I was happily divorced. Checking in with an old friend, a woman I’d known in high school and college, the ...

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...