The 'One Big Beautiful Bill' (OBBBA) introduces a historic $6,000 benefit for seniors, but earning over $75,000 could reduce this deduction. Understanding the phase-out rules is crucial for maximizing ...

A donation tracking app designed to help taxpayers document charitable giving and estimate fair market value with ...

Wondering if tax relief companies are legitimate? Learn how tax resolution services work, common scam warning signs and how to protect yourself.

The PCIT questioned deduction under Section 80JJAA and CSR expenses but failed to record specific findings. The Tribunal held that absence of independent verification and reasoning renders the Section ...

The Tribunal ruled that since the assessment was legally correct when passed, invoking Section 154 after a later Supreme Court decision was impermissible. The addition was consequently ...

Think taxes automatically drop in retirement? Not always. Discover overlooked deductions that can help retirees lower taxable income and keep more money.