Each spouse must disclose jointly held foreign accounts and securities in Schedule FA, even if only one spouse reports the income. Proper classification as “Beneficiary” for the non-funding spouse ...

The reassessment was initiated for AY 2013-14 using reasons recorded for AY 2012-13. ITAT held that reopening for the wrong year is void, causing the entire Section 147 assessment to ...

While the Supreme Court reported a lower disposition rate in 2025, with only 19 percent compared to 22 percent in 2024, it ...

When it comes to the wealth disparity between Black and White families, America has a lot of catching up to do: in fact, the ...

Private-equity partners who spend their days arbitraging tax codes and capital structures are increasingly applying the same ...

By 2026, the line between a “part” and a legally regulated firearm component will be more scrutinized than ever,... The post ...

With Abigail Spanberger set to become governor, Virginia Democrats enter the 2026 General Assembly session with control of ...

Love it or hate it, artificial intelligence dominated another year in tech. As AI firms like OpenAI and Anthropic raced to ...

Trump's peace deal between Rwanda and Congo hasn't stopped the fighting — and now his expansive mineral deal with Kinshasa is in the balance.

A woman could barely believe what she was reading after stumbling upon her grandparents’ tax return from 1949. Carlee Wengel from Olympia, Washington, was going through an old storage unit when she ...

Tax changes signed into law in 2025 could bring bigger refunds this year. When does tax season start? When will refunds come?

With the start of tax filing season for 2026 on the horizon, the Internal Revenue Service is pushing taxpayers to start their ...