Non-US financial accounts are reported on FBAR. Penalties can be severe but it is often more difficult for IRS to enforce ...

When a disaster strikes, it’s best to act fast so you can get reimbursements sooner rather than later. Here’s how to get your tax documents back, according to the IRS.

The Free Application for Federal Student Aid (FAFSA) is now open to all families as the beta-testing period ends.

Calculating the home office deduction using the standard method involves completing IRS Form 8829 to calculate the amount of ...

IRS Form 2848 allows tax professionals, such as an attorney, CPA, or enrolled agent, to represent you before the IRS as if they were the taxpayer. Signing Form 2848 and authorizing someone to ...

Unfortunately, Trump has no plans to cut government spending, and this means there is little chance that ordinary taxpayers ...

ITAT Mumbai held that GST/service tax which is collected by the assessee from its customers and paid to the Government do not form part of the receipts for computation of income as per section 44BB of ...

Whether you’ve experienced property loss or business disruptions, having your federal and state tax records can facilitate ...

Another tax benefit you get after buying a term insurance plan is that the insured amount your family receives is tax-free ...

Real Estate Dividends Realty Income is a super-consistent real estate investment trust (REIT). It has paid more than 650 ...

Bitcoin is in the news again, and its meteoric rise has set Indian traders abuzz, pushing the cryptocurrency to a ...

Most people receive tax credits to reduce their premiums for health insurance they buy on the ACA marketplace.