Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases.

The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...

Land values tend to follow income. The USDA already reported a 5% increase in average U.S. farmland values in 2024, and ...

Court rejected the arms dealer's argument that non-bailable warrant was executed with his arrest in UK and discharge from ...

When Republicans last set out to change taxation in America, they spent years combing through the details of the internal ...

ITAT Mumbai dismisses Revenue's appeal against Thirumalai Marketing & Investments Ltd., upholding the assessee's proof of the lender's identity and creditworthiness for a Rs. 5 crore ...

ITAT Mumbai under Resale Price Method [RPM] focus is more on same or similar nature of products rather than similarity of products. Thus, TPO directed to include 5 companies as comparable for ...

Earning passive income doesn't need ... even kick you up into a higher tax bracket, causing you to lose even more of your ...

The fugitive economic offender tag on Sanjay Bhandari will allow ED to confiscate his properties anywhere in the world and ...

One group is betting the state’s blend of libertarianism and progressivism can be packaged to appeal to voters who have ...

For example, say you inherited an IRA in 2020 ... tax consequences if you withdraw only the minimum required through year nine. That could leave you with a big balance to empty in the final year. Any ...

Federal Reserve Chair Jerome Powell currently finds himself between a rock and a hard place, as the central bank's dual mandate of promoting maximum employment and maintaining stable prices ...