Top Income Tax Sections You Must Know in the New Law
If you are preparing to submit your Income tax this year, then there is a new provision in place. The Income Tax Act 2025, which was effective from 1 April 2026, is not a replaceme...
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If you are preparing to submit your Income tax this year, then there is a new provision in place. The Income Tax Act 2025, which was effective from 1 April 2026, is not a replaceme...
Navigating the complexities of the federal oversight, investigations, reporting requirements and challenges of the IRS requires the specialized guidance of an IRS tax lawyer who un...
The most notable tax law developments of the past month.
Overview of Income Tax Rules, Deadlines, Penalties, and New Law Transition for FY 2025-26 Filing an Income Tax Return (ITR) is something every taxpayer needs to do, and it’s import...
On April 10, 2026, the Internal Revenue Service (IRS) and U.S. Department of the Treasury unveiled a new final rule implementing the “No Tax on Tips” provision of the 2025 One Big...
KEY DEVELOPMENTS: Brazil’s Complementary Law No. 224/2025 (“LC 224/2025”) introduced a linear reduction of tax, financial and credit incentives and special regimes at the federal...
New Income Tax Rules Implemented; Know These Tips to Save Time The Income Tax Act, 2025, has come into effect from April 1, 2026, replacing the old 1961 law. To align better with t...
The most notable tax law developments of the past month
The most pressing tax law developments of the past month.
Tax season just got more complicated, but also more rewarding for those who understand the changes. A sweeping new law has introduced a range of...
With tax-return-filing deadlines upon us, many people will turn to paid professionals for assistance in preparing tax returns or use filing software. Some will visit the IRS’s webs...
Where a treaty permits a foreign jurisdiction to tax income that U.S. law treats as U.S. source, a U.S. taxpayer may be limited in their ability to claim a foreign tax credit unles...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for April 20, 2026 – May 1, 2026. April 23, 2026: The IRS has reportedly begun...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for March 23, 2026 – March 31, 2026. March 23, 2026: A US Treasury Inspector G...
The Income-Tax framework for AY 2026-27 includes important rules on PAN-linked transactions, tax deductions, TDS thresholds and penalties that taxpayers should track carefully. Fro...
The Income Tax Department has clarified that taxation depends on the date of payment, not when the salary is earned. Salary paid by March 31, 2026, will fall under the Income-tax A...
No Tax on Old Deal done prior to enactment of law: ITAT Rules Section 56(2)(x) Cannot Apply Retrospectively In a significant ruling protecting taxpayers from retrospective taxati...
On April 21, 2026, in Liberty Global, Inc. v. United States, the Tenth Circuit held that the economic substance doctrine was “relevant” and applied to deny Liberty Global, Inc. a $...
DTAA Compliance Gets Stricter: Form 10F Now Mandatory for All Treaty Claims A significant procedural shift has been introduced under the Income-tax Act, 2025 and Income-tax Rules...
The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or E...
Income-tax Rules, 2026 Rewrite PAN and Property Reporting Rules: What Every Taxpayer Must Know From PAN Quoting to Property Gifts, the New Rules Expand the Tax Department’s Digital...
States have the right to tax corporations doing business within their jurisdictions, but, pursuant to a federal law enacted in 1959, are prohibited from taxing net income of a corp...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for April 1, 2026 – April 9, 2026. April 3, 2026: The White House proposed sig...
Cash App® is an easy way to send and receive money, but are there tax implications when using it? While […] The post Cash App® Taxes Explained: 1099, IRS Rules & Filing appeare...
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