The Income Tax Department is cracking down on fraudulent tax deduction claims, including those under sections like 80GGC, 80E ...

Clear Start Tax outlines what crypto traders need to know to protect themselves. IRVINE, CA / ACCESS Newswire / July 9, 2025 ...

Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend reported income, adjust deductions, or fix filing errors. With the 2025 ...

Adding to the wealth of jurisprudence in interpreting the two-year prescriptive period, the Supreme Court revisited the interpretation of the two-year prescriptive period for tax refund claims under ...

The new Income Tax Bill is expected to be passed in the Monsoon session of Parliament. Lok Sabha's select committee -- examining the Income Tax Bill 2025 – has made 285 suggestions. It is expected ...

President Donald Trump said he was considering sending out $5,000 stimulus checks from money DOGE saved in the federal ...

The Income Tax Department urges taxpayers involved in a bogus refund racket to voluntarily revise their fraudulent returns, potentially avoiding penalties or prosecution.

Louisiana homeowners can now get a $10,000 tax credit if they install a fortified roof on their home. Lawmakers passed, and ...

La Center, WA / Syndication Cloud / July 11, 2025 / Federal Tax Credits ORG Key Takeaways: The expanded 2025 R&D Tax Credit ...

(37) “tax fraud” means knowingly, intentionally or dishonestly doing any act or causing to do any act or omitting to take any action or causing the omission to take any action, to cause loss of tax or ...

Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, ...

Commonly, corrections or amendments in tax returns occur after realizing an error due to confusion, overlooking job changes, or significant events with tax consequences. Additionally, discovering ...