The IRS issued Recovery Rebate Credits for the pandemic to nearly 301,000 ineligible taxpayers, many of whom were either immigrants or received extra payments.

The Tribunal held that payment for cement shortage during transport arose from contractual obligation and was compensatory in nature. As no statutory violation was established, deduction under Section ...

Tax season can be busy. Here’s what taxpayers should know about filing for extension, making payments and planning for the ...

Treasury issues new guidance addressing CAMT criticisms, offering relief on a number of issues plaguing CAMT taxpayers while final regulations are pending.