The Central Board of Direct Taxes (CBDT) has released all Income Tax Return (ITR) forms for Assessment Year 2025–26 (FY ...

As the ITR 2025 deadline approaches, many taxpayers are confused about what documents to gather and which regime to opt for. Here is everything you need to know ...

If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, ...

As the ITR filing deadline of July 31 nears, salaried taxpayers must keep an eye out for Form 16—now more detailed than ever.

This Tax Alert is the second in a series of monthly alerts that I will issue to discuss tax legislation in 2025 and the ...

If the person for whom you are claiming the medical expense is already approved for the disability tax credit for 2024, you do not need to send a new Form T2201 ... whichever is better for you. For ...

Republicans are looking everywhere for ways to raise more revenue short of raising taxes. This magic trick is not easily accomplished. Taxpayers, even those embracing the MAGA mindset, are not holding ...

ITR filing 2025: As the income tax department has released ITR-1, ITR-3, ITR-4, and ITR-5 forms, the filing of income tax returns for AY 2025-26 (FY 2024-25) is imminent. When filing their ITR ...

Financial disclosures show wide income disparities among candidates, from Mikie Sherrill's $3.2 million to GOP hopeful who ...

Unless otherwise stated, all legislative references are to the Excise Tax Act, and the GST/HST Regulations. This guide uses plain language to explain the most common tax situations. It does not ...

All foreign suppliers new to UB are required to submit a completed W-8 tax ID form and an Order Preferences, Sourcing & Contact form to Procurement Services as confirmation of their business identity.