Sen. Joni Ernst is gearing up for Tax Day with new legislation requiring the IRS to police itself and ensure that all of its ...

Homeowner wins against the income tax dept after a 9 years fight about imposition of Rs 1.42 crore short term capital gains ...

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your ...

Though all received income tax reductions, working-class Americans received substantially higher tax rate cuts than the wealthy under Trump.

While instituting the largest tariff increase in modern history, Trump claimed that the income tax was passed for “reasons ...

The lifetime learning credit is worth up to $2,000 per tax return – reducing your tax liability dollar for dollar – and you ...

Income Tax Audit Report Under Section 115JB Form 29B computing book profits for companies under Minimum Alternate Tax – MAT.

The founder of Tulsa Innovation Labs is calling for changes to draw more investments from civic-minded financial advisors and ...

ITAT Pune held that additional income surrendered during the course of survey is taxable at normal rates and not at special rates as per section 115BBE of the Income Tax Act. Accordingly, appeal of ...

The IRS encourages those who didn't receive the full amount or didn't file a 2021 tax return to submit one to qualify for the ...

From April 1, sweeping changes in India’s income tax regime will come into effect, offering significant relief to nearly 1 crore taxpayers. Union Finance Minister Nirmala Sitharaman’s Budget 2025 ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...