A recent federal court ruling (Kwong) may let some taxpayers seek refunds of IRS penalties and missed refund interest, mainly ...

The Tax Appeal Tribunal has rejected claims by the Kenya Revenue Authority (KRA) that consumer goods manufacturer Bidco ...

The Delhi High Court held that delay in filing Form No. 67 cannot defeat a substantive claim for Foreign Tax Credit. It directed the Assessing Officer to verify and grant FTC, observing that denial on ...

The IRS's ability to stay open during a shutdown depends on funding. How will filings and refunds be impacted?

Sovereign Gold Bonds come with a fixed 2.5 per cent annual interest paid throughout the holding period, which further ...

A rumor circulated that Darnold owed the state of California $249,000 after receiving a Super Bowl victory bonus of $178,000.

ITAT Mumbai allowed foreign tax credit of ₹90,208 despite delay in filing Form 67, holding Rule 128 directory and procedural lapse cannot defeat substantive Sec 90/DTAA ...

One Call Consultants Ltd was a UK recruitment agency that received payroll services, but it was found to be part of a fraudulent VAT supply chain.

Gov. Phil Murphy signed it in 2020, it prohibited disclosure of personal info for judges, prosecutors and law enforcement officers and their family members.

Normally, the statute of limitations to claim a refund is three years from when you filed the return or two years from when ...

It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers receive their IRS tax refund within 21 days of filing, but actual dates vary ...

While some city commissioners have conducted interviews, there has still been no official city response on the ...