The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
ITAT Hyderabad held that penalty under section 221(1) of the Income Tax Act duly leviable for non-payment of self-assessment ...
ITAT ruled that CPC's adjustment denying the Section 80IE deduction without prior intimation may violate Section 143(1)(a); the matter was remanded to verify if the assessee was given an opportunity ...
IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...
If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...
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ITR Correction Guide: How to File Revised or Updated Income Tax Return Without Hassle
Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...
Ore milled includes material from stockpiles and ore mined.
MIAMI — Tropical Storm Jerry has formed in the eastern Atlantic Ocean. Jerry, the 10th named storm of the 2025 Atlantic hurricane season, currently has maximum sustained winds of 50 miles per hour, ...
Texas Congressman Wesley Hunt ended months of speculation Monday, announcing he is running in the GOP primary for U.S. Senate. He joins Sen. John Cornyn, who is seeking a fifth term, and Texas ...
Fifth Third on Monday agreed to buy regional lender Comerica in an all-stock deal valued at $10.9 billion, creating the ninth-largest U.S. lender with a robust presence in the Midwest. Regional ...
Forecasters are watching a tropical wave off Africa that has the potential to strengthen once it reaches the Caribbean next week. Meanwhile, Tropical Storm Lorenzo has dissipated over the central ...
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