U.S. Postal Service Tightens Rules Under Internal Revenue Code Section 7502
New 2026 USPS postmark rules risk IRS late penalties for paper tax filers. Learn how regional processing delays…
Articles by & updated by Sai Sankar
Former Justice Phil Talmadge Joins Citizen Action Defense Fund to Challenge Senate Bill 6346
Legal experts challenge Washington's 9.9% income tax on $1M+ earners, citing constitutional violations as a separate fight for…
Democrat Adison Richards Challenges Senate Bill 6346, Washington’s New Millionaire Tax
Washington passes a 9.9% tax on income over $1M. Despite Governor Ferguson's support, Gig Harbor Democrats join the…
IRS Business Tax Account Now Available to Partnerships, Governments, and Tax-Exempt Organizations
IRS expands Business Tax Account to partnerships and governments in 2026, enabling digital payments, record access, and streamlined…
Trump Threatens Iran Arms Suppliers with Tariffs, Offers Nuclear Talks
Trump announces 50% tariffs on any nation arming Iran while pushing for a nuclear deal during the April…
Chinese Students and Scholars in U.S. Gain Tax Exemptions Under Article 20 in 2026
A guide for Chinese students and scholars in the U.S. on claiming tax treaty benefits under Articles 19…
U.S. Corporations Face Form 1120 Filing Rules in 2026, with Estimated Taxes and Quick Refund Claims
A guide to 2026 U.S. corporate tax rules, covering Form 1120 deadlines, mandatory e-filing for 10+ returns, and…
CBDT Confirms New ITR Forms Still Require Capital Gains Dates for Exemptions
New 2026-27 ITR forms simplify data entry for capital gains but maintain date-driven tax rules, requiring filers to…
Section 351 Lets Founders Defer Tax When They Control the Corporation Immediately
Section 351 allows tax-deferred transfers of property to a corporation only when transferors meet the 80% control test.…