The CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include ...

Each year small businesses rush to complete their tax returns before the Internal Revenue Service's (IRS) April 15 deadline. Accountants and financial advisors are engaged to ensure that the companies ...

Income Tax audits must now be submitted by October 31, 2025, after an extension by the Income Tax Department. Tax audits are ...

Are you about to get audited by the IRS? Have you ever wondered why some tax returns are audited while others aren’t? The IRS doesn’t have enough personnel and resources to examine every tax return, ...

Gujarat HC order follows similar rulings from the Rajasthan and Karnataka High Courts and was issued in response to petitions filed by the All India Federation of Tax Practitioners and the Chartered ...

Under Section 44AB of the Income Tax Act, 1961, taxpayers whose turnover, sales or gross receipts exceed prescribed limits ...

(Dow Jones) Estate tax audits by the Internal Revenue Service are as aggressive as ever, and maybe even more so, despite the uncertain fate of the federal tax on estates of the wealthy. The tax agency ...