News

ITAT Mumbai ruled that capital gains from a property sale were taxable in the year the sale deed was executed, not the year of the MoU, due to a prior bank lien. The court also clarified tax rates and ...
The administration will try anything to change the conversation away from Trump's connections to the child-sex-trafficking ...
HM Revenue and Customs sacked 50 workers last year for breaking data privacy rules and snooping on taxpayers’ records.
The Internal Revenue Service has acknowledged in a court filing that it is now sharing taxpayer data with Immigration and ...
The departures come as the tax agency has seen unprecedented turnover, including seven commissioners since January.
Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner ...
Seven IRS commissioners have been appointed in the past seven months. The turnover in leadership and workforce at the tax administration may lead to delays during the next tax filing season.
Priorities and action recommended by the county's budget staff were discussed with commissioners in a workshop ahead of a ...
Social Security Commissioner Frank Bisignano joined President Trump to highlight no tax on benefits for seniors and a clean-up of illegal immigrants receiving retirement benefits.
The city of Tuscaloosa and Tuscaloosa City Schools, joined by the city of Mountain Brook, have filed suit against the commissioner of the Alabama Department of Revenue, arguing that companies with ...
Trump’s efforts to defund the IRS, especially in the area of enforcement, will exacerbate fraud and abuse in the federal tax ...