Ordinary Oversight or a Felony? The IRS’s Take on Payroll Taxes Withheld employment taxes serve as a special trust for the ...

An audit of the Erie County department that handles property tax money found weaknesses that employees could have exploited – but didn't – to steal taxpayer money.

Punjab and Haryana High Court held that revisionary proceedings under section 263 of the Income Tax Act on the basis of audit objections raised by audit party justifiable since there was no ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

He stated that he believed reporting accumulation in Form 10B (audit report) was sufficient and was unaware of the requirement for a separate Form 10. Due to this oversight and the COVID-19 pandemic, ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, ...

The average earned income credit amount received last ... remember that the IRS traditionally uses algorithms to identify tax returns for audits that partly focus on that credit.

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...