A large spousal gift exemption was denied due to failure in proving genuineness, creditworthiness, and source of funds. The ruling highlights that documentation is crucial even for exempt transactions ...

ITAT remanded the case as authorities failed to determine whether the assessee was a society, trust, or other entity. The eligibility for deduction was not properly examined. The ruling highlights the ...

COLUMBIA, S.C. (WCBD) – South Carolina taxpayers will have six extra months to file their 2025 state income tax returns after the Department of Revenue extended the deadline. The move comes as ...

JACKSONVILLE, Fla. – A 21-year-old man has been arrested in connection with the deadly shooting of a 2-year-old boy during a domestic dispute, according to the Jacksonville Sheriff’s Office. Steven ...

Every year, tax season rolls around with the same mix of routine and confusion. One of the most common questions people ask —often later than they should — is simple: Do I even need to file an income ...

Haven't yet filed your 2025 state and federal income tax returns? The clock is ticking toward the deadline for you to file returns on time, or possibly face stiff penalties. The IRS has processed ...

Tax-filing season is prime time for scams, and this year could be particularly busy thanks to several new rules for taxpayers to deal with under the One Big Beautiful Bill Act, and the rise of ...

The average tax refund is 10.2% higher so far this season, compared to about the same period in 2025, according to early IRS filing data. As of Feb. 20, the average refund amount for individual filers ...

There are plenty of ways people can go about filing their taxes, including those that are free. Now, Pennsylvanians have one more option that the state government hopes will further simplify the ...

The Powerball jackpot for Saturday, Feb. 21, is an estimated $190 million. No one won the jackpot in the previous drawing on Wednesday, Feb. 18. Powerball drawings are held every Monday, Wednesday, ...