Retirement accounts such as Roth and traditional IRAs and 401(k)s are a great way to save, but mind the tax rules on ...

The House passed its 2025 budget bill for fiscal years 2026 through 2034, which outlined 'no tax on overtime.' When will ...

The income tax incentives of Registered Business Enterprises (RBEs) under CREATE MORE Act—Income Tax Holiday or ITH, Special ...

2. Appellant trust contends that Form 10B has been filed before filing the return of income and before due date u/s 139 (1) ...

Republican Rep. Marc Lombardo used the opening hour of the House’s annual budget debate to try to force representatives to take roll call votes on several tax cuts, and in doing so showed a rift among ...

No. For claiming tax exemption, you have to file exemption u/s 54 or 54F in ITR filed within the due date. If you can't buy a ...

Tucked away on page 9 out of 50, there is a proposal to repeal the tax-exempt status of state and local bonds, which would retain an estimated $114 billion in tax revenue over the next 10 years. Asset ...

Summary: Taxation on agricultural land in India is governed by the Income Tax Act, 1961, which defines agricultural land based on its location relative to municipalities or cantonment boards. If the ...

“If you’ve switched jobs during the financial year, failing to address key tax tasks could lead to unwanted surprises when it ...

The BCCI, the wealthiest cricket body, has seen significant growth from the IPL, which is now the top sporting league ...

You will soon have to confront a higher tax bill if Congress doesn’t extend many credits, deductions, and lower tax rates ...