Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

The UP tax department is not only issuing notices to societies but also summoning office bearers of apartment owners’ ...

Discover when dental insurance premiums are tax-deductible and understand exclusions. Learn about coverage types and how cosmetic procedures impact deductions.

The Tribunal held that foreign investments disclosed in Schedule FA and backed by sufficient income cannot be treated as unexplained. Mechanical application of section 69 was ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

Incorrect Form 3CD reporting led CPC to treat rental income and capital gains as business income. The Tribunal ruled that such mismatches cannot justify additions without ...

The US Department of the Treasury and the Internal Revenue Service (IRS) on November 21, published a detailed guidance for workers eligible to claim new tax deductions on tips and overtime ...

The Tribunal held that denial of CSR expenditure under Section 37 does not bar deduction under Section 80G. It ruled that eligible donations forming part of CSR must be examined under Chapter VI-A ...