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 ...
The ITAT Agra dismissed the Revenue's appeal against the deletion of a ₹2.35 crore unexplained cash credit under Section 68, agreeing that the amount was a closing balance from prior, assessed years.
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, ...
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 ...
Sora, the text-to-video generative AI chatbot from OpenAI, has quickly become the most-downloaded app since its recent update to the Sora 2 platform, highlighting the growing impact of the company’s ...
DES MOINES, Iowa — ICE agents detained Des Moines Public Schools superintendent Dr. Ian Roberts on Friday. Roberts has since resigned. Here's what we know so far about his detention, potential ...
A tropical storm warning has been issued for most of the Bahamas. Tropical Storm Imelda formed in the Atlantic Ocean on Sunday and could affect the southeast U.S. coastline in the coming week. After ...
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