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 ...

The Internal Revenue Service (IRS) has recently released a new form, 15620, which will significantly impact the way taxpayers ...

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

GST DRC-03A form enabled on the GST portal. This form will help you adjust tax demand amount already paid against a specific ...

including IRS Forms 3520, 3520-A, 5471, and 5472. Under these systemic assessment procedures, the IRS automatically imposes penalties against taxpayers who file one or more of these returns late.

Each year, employees receive a Form W-2 that provides details of the prior year’s earnings, taxes withheld, and other miscellaneous data (such as the taxable cost of group term life insurance, the ...

Although coverage of the 2024 election was dominated by the economy, taxes didn’t get much attention in the run-up to the ...

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious concern that Tax Laws (Amendment) Act ...

Chennai ruled in favor of the assessee, Chola Business Services, regarding the concessional tax rate under Section 115BAA of the Income-tax Act, 1961, for the Assessment Year (AY) 2021-22. The company ...

Several left-of-center groups designed to look like local advocacy organizations pulled in millions from an influential D.C.-based dark money behemoth ...