The government is set to unveil a new Income Tax Bill during the Budget 2025 session, replacing the decades-old Income Tax ...

Parliament's Budget Session will held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her ...

If you received student debt forgiveness last year, know these key points when filing taxes. Plus — what can you expect from ...

Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown unsecured loan of Rs. 16,36,297/- and had also given loan and advances of Rs. 11, ...

Opinion: Democrats, Republicans, and Independents have made it clear that the Legislature must reform our property tax system. We need help to get our tax relief plan over the finish ...

A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars in devastation around Los ...

The Earned Income Tax Credit (EITC) offers a significant financial boost to low and moderate-income workers and families. By ...

Given this context, the upcoming budget for FY26 assumes accentuated importance. While expectations will be high for the ...

President Trump’s TCJA laid the foundation for historic tax relief and economic growth, and with our new Republican trifecta ...

Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.

Among the various tax reforms being considered for NRIs, there is a strong desire for a reduction in the taxation on trading ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald ...