The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

The new rule allows U.S. Citizenship and Immigration Services to begin processing petitions for H-2A temporary agricultural ...

A new form with the Internal Revenue Service would allow taxpayers to claim deductions on cash tips they’ve earned throughout ...

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...

New H-1B visa rules have created uncertainty. Professionals are now looking at the O-1 visa. This visa targets individuals with extraordinary abilities. It offers a skill-based alternative. There are ...

Concerns have grown over Donald Trump’s move to raise the H-1B visa fee to $100,000 (around Rs 88 lakh), leading skilled workers and students across the world to consider other options for entering ...

The ITR (Income Tax Return) filing deadline has just passed, and let’s be honest – between the last-minute rush and those all-too-familiar portal glitches, many taxpayers ended up making mistakes in ...

U.S. President Donald Trump is set to sign a proclamation Friday that would make H-1B visas contingent on a $100K payment, according to a media report. The move will mark Trump's latest move to crack ...

Relief for Charitable Trusts: ITAT Ahmedabad Upholds Benefit of CBDT Circular on Late/Wrong 10AB Applications; Fresh Application Valid When Wrong Code Corrected Within CBDT Extended Time – ITAT ...

A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It gives a chance to taxpayers to declare income, allow deductions, and pay taxes even if the due date ...