Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...

Fortunately, there are some valuable tax breaks for retirees when they file their annual returns.  Whether it’s Social Security, portfolio income (like dividends, interest and capital gains), or ...

As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.” In a letter to ...

Kemp signs it, Georgia residents could expect $1 billion in disbursements. But more than just tax refunds are on the line. Another bill going to the Senate for approval addresses state income tax ...

The Supreme Court last month curtailed the powers of officers making arrests under the Customs Act, 1962, and the Central Goods and Services Tax Act, 2017 ... However, it did consider data on the ...

Finance Minister Nirmala Sitharaman announced on Saturday that GST rates will come down further and that the process of rationalising tax rates and slabs has "almost reached a finale." With the ...

In today's fast-moving environment, this technology is helping practitioners and tax team leaders mitigate risk and go beyond compliance to transform every task in their workflows, from data ...

Enrolled agents (EAs) are federally licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS. EAs must pass a comprehensive examination ...

GST registration: New advisory by Goods and Services Tax Network (GSTN) dated March 3, 2025 says additional facility allowing certain Promoters/Directors to complete their Biometric Authentication at ...

Search and Seizure in GST and Income Tax: Key Difference and How to Handle Them Successfully!! In the realm of Indian taxation, “Search and Seizure”—popularly known as “raids”—are powerful enforcement ...

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Summary: In its 55th meeting, the GST Council approved a tax rate increase on old and used vehicles from 12% to a uniform 18%, effective January 16, 2025. This includes two-wheelers, three-wheelers, ...