The issue was whether a charitable trust could lose exemption due to late uploading of Form 10B. ITAT held that Form 10B is procedural and delay alone cannot defeat exemption when audit was completed ...

The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as ...

Puerto Rico tax incentives that have lured thousands of rich Americans to the U.S. territory for over a decade are under ...

Sales tax burdens vary by state, wiht states like Oklahoma and Alabama - often considered low-cost states - having higher ...

Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...

In late 2025, a rumor spread online that the Clinton Foundation — founded by former President Bill Clinton — lost its status as a tax-exempt charity after a U.S. Department of Defense audit found more ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Nov 24, 2025, 11:01am EST A rustic sign that says "Taxing ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. California is no stranger to wildfires. Over many years, numerous ...

A U.S. senator is questioning the tax-exempt status of the NCAA and its member schools. The inquiry follows schools potentially being on the hook for $200 million in contract buyouts for fired college ...

I often hear people complain that the Housing Authority doesn’t pay property taxes and is somehow harming the community by taking land “off the tax rolls.” While it’s true that the properties we own ...

THIS AFTERNOON, THE CITY COMPTROLLER PRESENTED HER VERSION OF THE FAIR SHARE TAX PROGRAM THAT SEEKS VOLUNTARY PAYMENTS FROM THE CITY’S FIVE LARGEST NONPROFIT INSTITUTIONS. AS THE CONVERSATION UNFOLDS ...

IRS-authorized e-file provider TaxZerone outlines key steps and resources to help exempt organizations file accurately and on time. SAN JOSE, CA, UNITED STATES ...