Many taxpayers mistakenly believe an extension pauses IRS penalties and interest. Experts say that misunderstanding can quietly inflate tax bills by thousands. IRVINE, CA / ACCESS Newswire / December ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

The Court declined to rule on the validity of time-extension notifications pending Supreme Court scrutiny and directed the taxpayer to pursue a statutory appeal. The key takeaway is that adjudication ...

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.

People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...

The NFL had said players’ charities must follow basic nonprofit laws as a 'prerequisite' to being nominated for Walter Payton NFL Man of the Year.

The ITAT held that filing Form 10B on the extended due date, especially during COVID-19 relief periods, cannot by itself defeat Section 11 exemption. Procedural delay cannot override substantive ...

With 2025 entering the rearview mirror, Reminder Publishing is taking a look back at some of the biggest stories in ...

Filing taxes can be a project for business owners. Here are some products that help you start prepping for the 2026 tax ...

Heading into the new year, Senate Democrats are raising concerns about the Internal Revenue Service's ability to handle the ...