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RBI report flags large-scale variation in property tax collection across civic bodies
It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…
Relief for taxpayers: Deadline to file income tax returns extended further to January 10
The extension of the deadline is specifically for those individuals whose accounts do not requir…
The IRS wants to crack down on executives who use company private jets to go on vacation, and stop wealthy tax avoiders from 'flying under the radar'
Companies can receive tax deductions for maintaining a private jet. The IRS will ensure they don't …
Pete Syme
Income tax filing deadline for FY21 extended to December 31
The government has extended the deadline because of continuous technical glitches reported on th…
Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants
The option of the new and old tax regimes and complex taxation laws require the assistance of exper…
Made a mistake while filing tax returns? Here’s how to file a revised ITR
The process of revising a tax return involves making necessary updates and corrections to a previou…
A bipartisan Senate group wants to fund an IRS crackdown on 'tax cheats' in nascent infrastructure proposal
Sen. Angus King told Insider "there's a lot of money we're leaving on the table." The IRS told Cong…
Juliana Kaplan,Joseph Zeballo…
Trump wanted the IRS to investigate his political foes, including James B. Comey and Andrew G. McCabe, who were both subject to a rare audit by the tax agency, The New York Times reported
The IRS audited former FBI director James B. Comey and his deputy, Andrew G. McCabe, while a Trump …
Lloyd Lee
The IRS gave us a window into how much tech titans have dodged in taxes
The IRS says Microsoft owes nearly $29 billion in back taxes. It might signal a widespread practice.
Juliana Kaplan
Under Biden's plan, the top 1% of Americans would pay an extra $100,000 in taxes every year
According to a report from the Institute on Taxation and Economic Policy, the bottom 99% of America…
Juliana Kaplan
Newly released tax returns reveal Trump paid more in foreign taxes than US income tax for years
Donald Trump's tax returns, released after years of legal battles, shed light on his business deali…
Katherine Tangalakis-Lippert
Deadlines for tax returns deferred— and other tax reliefs announced by Nirmala Sitharaman
As people face layoffs and drastic change in working environments amid the coronavirus lockdown in …
Todd and Julie Chrisley reported prison to begin their sentences for bank fraud and tax evasion today. Here's what is next for them.
The "Chrisley Knows Best" stars were convicted in June 2022 of running a yearslong fraud scheme and…
Eve Crosbie
US Treasury Secretary Yellen reaffirms June 1 as hard deadline to raise the debt ceiling
"I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in e…
ANI
'Selling Sunset' agents are freaking out about LA's new mansion tax — but it's not just millionaires who should be worried
In this season of "Selling Sunset," there's a new villain in town. It's the Los Angeles mansion tax.
Juliana Kaplan,Eliza Relman
How Trump devised his fake IRS audit excuse to 'get myself out of' releasing his taxes, according a new book
"'I could just say, 'I'll release them when I'm no longer under audit,' Trump said,'" according to …
Nicole Gaudiano
Some of America's richest people are just not paying their taxes — and millionaires alone could owe up to $34 billion
The average American paid over $16,000 in income taxes last year. Some millionaires paid nothing.
Juliana Kaplan
The IRS extended the tax deadline to July 15 and at least 21 million Americans took advantage
IRS data shows roughly 21 million fewer tax returns were filed by the April deadline this year than…
Tanza Loudenback
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
Central Board of Indirect Taxes and Customs (CBIC) had on August 1 issued a notification regar…
Side-hustlers who get paid via Cash App and Venmo risk being audited if they don't report their earnings, IRS warns
A tax expert told Insider that the "worst case" for people with a side-hustle who don't declare ear…