Tax preparation services can add stress to your tax filing process. This is especially true when it comes to the many hidden ...

"The length varies depending on the type of audit; the complexity of the issues; the availability of information requested; the availability of both parties for scheduling meetings; and your agreement ...

The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his investments in an ...

We all fear IRS audits. But what is the IRS process of choosing tax returns to audit? In this Q&A series, I asked a tax-law ...

This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure ...

Fourteen toll collection agencies are banned for two years for irregularities in highway-user fee collection, with ...

Let's explore eight common reasons that lead to IRS audits while sharing tips to protect yourself. Excessive deductions or those disproportionate to your income can raise red flags. For instance, ...

Brief facts: The Assessing Officer made disallowance of ₹ 2,94,25,669/- on account of interest on GST and also disallowed GST late filing fee of ₹ 6,63,133 ... and hence the same are allowable as a ...

She has been in the accounting, audit, and tax profession for more ... and this interest is not tax-deductible. Fines and penalties a person owes to the government for violating local, state ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several ... that the IRS receives a copy for their own tax deduction purposes. Failure to report all income can ...

SINGAPORE – Pre-school fees will be further reduced from 2026, and families in need will receive more financial assistance, along with increased subsidies for long-term care services for those ...

New York taxpayers have coughed up a whopping $60 million in legal fees stemming from the scandals that ensnared Andrew Cuomo’s administration, according to a bombshell new state report that ...