In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...

A small business advocate says a paid leave proposal in the Illinois Senate would be a direct tax on workers and employers. State Sen. Ram Villivalam, ...

Forms 1042-S and 1042 are expected to be added to the IRS’s IRIS portal for the 2026 filing season Chapter 3 exemption codes are expected to be required in 2026 if the withholding rate is less than 30 ...

The Income Tax Department is likely to release the updated ITR forms soon for the financial year 2024-25 (Assessment Year ...