The American Institute of CPAs (AICPA) has announced its support for the bill introduced by Senator John Fetterman that aims ...

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they ...

Eligibility for the "tariff stimulus checks" would depend on income. Individuals earning under $75,000 annually, heads of household under $112,500, and couples filing jointly under $150,000 would be ...

The IRS commissioner hinted that Direct File, which offers free tax filing with the IRS, won't be an option next filing ...

Texas shoppers can save some money and support local businesses during the annual Tax-Free Weekend, scheduled for Friday, Aug ...

Avoid a single $200,000 lump sum. Spreading it over two years — say something as simple as gifting $100,000 this December and ...

This summer, President Donald Trump has begun to chisel back Medicaid and food stamps. On a July day in 1965, President ...

A salaried employee who under-reported half his income due to misreporting by his CA, walked free from a Rs 1.4 lakh tax ...

- Deadline to file ITR for FY 2024–25 is September 15, 2025. New Delhi: The Income Tax Department has started accepting ...

The London-headquartered bank generates most of its revenue in Asia and has spent several years pivoting to the region.

For the first time in decades, the self assessment tax return process is getting an onerous shake-up. Katie Rosseinsky speaks ...

Taxpayers behind on IRS payments may qualify for relief through a lesser-known option that helps reduce penalties under ...