The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

The Internal Revenue Service has posted guidance in the form of questions and answers on digital asset broker reporting on ...

Tax attorney Isaac Stein is furloughed from IRS Chief Counsel’s office, but he’s still working, spending his days manning ...

Bombay High Court held that delay in filing of Form No. 10 was condoned since activities of trust are genuine and denial of benefit of accumulation u/s. 11(2) due to delay in Form No. 10 would cause ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...

Tribunal held that filing of Form 10B is a procedural requirement, not a mandatory condition for exemption under Section 11, allowing relief to a charitable trust despite a four-day delay in uploading ...

Here are step-by-step instructions for IRS Form 3800, for entrupeneurs claiming small-business tax credits. Many, or all, of the products featured on this page are from our advertising partners who ...

Using the wrong IRS form (W-8BEN vs. W-9) can trigger tax withholding, delays, corrections and worse. Know your tax status to file the right form and avoid IRS issues.

Private jet sales are soaring and luxury car purchases are revving up — if you can count your splurge as a business expense, ...

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.