Taxpayers who were tricked as a result of a traditional investment scam may be entitled to tax relief—taxpayers who lose ...

The tax department clarified that any expenditure incurred to resolve proceedings under four specific laws will not be ...

Some bad faith insurance claims involve physical injuries or property loss. But determining what insurance money is tax free ...

The income tax department announced that taxpayers cannot claim deductions for expenses incurred in settling proceedings ...

Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce ...

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en ...

Discover five crucial income tax provisions every Indian taxpayer should know in FY 2025-26, including deductions under ...

By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.

There are common scenarios where pet owners cannot claim tax deductions, even if their pet plays a significant role in their ...