The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Gillibrand, LaLota, Suozzi say lifting the $10,000 federal income tax cap on state and local tax deductions, or SALT, is the ...

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of ...

The CBI raided 18 locations, charged nine individuals, including tax officials and Chartered Accountants, for allegedly ...

4. In appeal, the ld. CIT (A) rejected the claim of the Assessee u/s 54F of the Act, observing that the Assessee had construed the house on the land which was owned by his mother Jabra Devi. He, ...

Just before the weekend, President Donald Trump fired more than a dozen inspectors general in federal agencies including the Pentagon, departments of State, Veterans Affairs and Interior – by ...

The Trump administration has fired about 17 independent inspectors general at federal agencies. The dismissals began Friday night and were effective immediately. Congress was not given 30-day ...

HMRC is reportedly set to recruit 5,000 more tax inspectors to chase £6.5 billion in unpaid or late tax from small businesses and 'normal income earners'. The clampdown was revealed in the HMRC ...

HMRC is reportedly planning to hire an additional 5,000 tax inspectors to recover £6.5 billion in unpaid or late taxes from small businesses and regular income earners. This crackdown was ...

The Cap on Home Mortgage Tax Deductions How much interest you can deduct on your tax return depends on the date of your loan, the amount of your loan, and how you use the loan proceeds.

HMRC is hiring 5,000 extra tax inspectors in a clampdown on small businesses and their owners, according to information disclosed to a committee of Labour Party MPs. The report, HMRC Customer ...