Little Rock held its annual 501 Fest on May 2 and May 3 to celebrate the community of Little Rock and those who make up the community. The two day festival celebrates May 1, which is the day ...

But that means the IRS will focus on the low-hanging fruit, exams that agents conduct solely through correspondence. But good ...

New revisions of Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, and its instructions remove lines related to the employee retention credit. The removed lines — Lines ...

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

By Andrew Duehren and Maggie Haberman Reporting from Washington The Internal Revenue Service is weighing whether to revoke Harvard’s tax exemption, according to three people familiar with the ...

Students present in the United States in 2024 in F-1 or J-1 status, who are nonresidents for tax purposes, are required to file at least one form indicating they are present in the U.S. Their ...

The Affordable Care Act resulted in the creation of some new tax forms, including Form 1095-A, Form 1095-B, and Form 1095-C. These forms are sent to individuals and the Internal Revenue Service (IRS) ...

The Central Board of Direct Taxes (CBDT) has introduced a new income tax return form, ITR-B, specifically designed for disclosing undisclosed income identified during search and seizure operations.

The IRS recently released an updated Form 4255, Certain Credit Recapture, Excessive Payments, and Penalties, which is used to report the amount due for certain credit recaptures, excessive ...

The new and improved 2026 Kia EV9 and 2025 EV6 are eligible for the $7,500 federal EV tax credit ... The sporty electric SUV boasts 501 hp, which is quite a bit more than the current GT-Line ...

Aseem Mowar, Tax Partner, EY India, says, "The CBDT introduced the ITR-B form on April 7, 2025 thereby enabling searched taxpayers to comprehensively disclose undisclosed income. This includes ...