Can I trust a text claiming to be from the IRS? The agency is changing its mind about SMS alerts. Here's what it will and won't send to your phone

There's a prominent page on the Internal Revenue Service (IRS) website that says, in part, "Taxpayers need to remember that ...

The “Airbnb Loophole”: How a Short-Term Rental Lets High Earners Wipe Out Their W-2 Tax Bill

If you own a short-term rental, or you’re thinking about buying one, there’s a line in the tax code that turns your Airbnb into a W-2 tax shelter. It’s called the short-term rental loophole, and it ...
Tax Guru

Service Tax Paid Under Wrong Category Need Not Be Paid Again: CESTAT Chennai

CESTAT Chennai rejected higher Section 78 penalty, holding tax paid under a wrong category need not be repaid where liability ...