A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...

Every senior on Medicare should be intimately familiar with IRMAA — the initials that stand for Income Related Monthly ...

Experts suggest keeping at least six months’ worth of living expenses in a separate account, to be used strictly for ...

In this episode of Tax Notes Talk, Trudy Muscat of Deloitte Malta discusses Malta's changing international tax landscape, ...

Discover how identifying errors in Assessing Officer jurisdiction, notice issuance, and approval under Sections 148/148A can secure favorable ITAT/CIT(A) rulings. Learn key strategies to challenge ...

I'm confused over what is going on with the state pension and tax once it goes through the tax-free personal allowance.

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

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The ITAT held that income appearing in Form 26AS cannot be taxed unless actually received when the assessee follows cash accounting. The ruling confirms that 26AS entries alone cannot justify ...

The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.