The chancellor announced a hike to penalties for late tax returns in her Spring Statement as she scrambles to raise an extra ...

Typically, you must file and pay your taxes by the deadline. However, there is an option to extend. Learn more about the ...

In some cases, the agency will waive the penalty entirely. "A lot of clients are getting that excise tax waived" by correcting the RMD, filling out the form and providing a "reasonable ...

The company received orders to pay 44.6 billion rupees ($520 million), comprising unpaid taxes and a complete penalty of 100%. The order indicated that seven India executives, including the ...

Taxes are unavoidable, so it's important to teach children what to expect. Also, does your child need to file a tax return ...

To facilitate the convenient payment of property tax for citizens, the Navi Mumbai Municipal Corporation’s (NMMC) Property Tax Department has introduced a special provision. As part of this ...

California lawmakers are considering Senate Bill 799 (SB 799), introduced by Sen. Ben Allen, which proposes amending the California False Claims Act (CFCA) to encompass tax-related claims under the ...

Any withdrawals from a traditional IRA before the age of 59½ are subject to taxes and a 10% penalty. Roth IRAs also penalize early withdrawals. There are better alternatives, such as transferring ...

Tax season can feel like a maze, especially with the alphabet soup of ITR forms on offer. But filing your Income Tax Return (ITR) right and on time isn’t just a civic duty; it’s a shield ...

He is scrapping the system in which the Government collects betting duty of 6.75% from bookmakers, which is passed on to punters in a 9% tax. Bookmakers can absorb all the costs of the new tax ...