Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

As tax season approaches, it's essential to determine whether you're required to file a tax return. While most U.S. residents ...

Under the new bill, individuals who are eligible to obtain an Aadhaar number must provide it when applying for a PAN and ...

After three hours of heated debate, the House of Representatives advanced the Tax Reform Bills to the next stage yesterday, ...

ITAT Chennai held that although the assessee company was following the mercantile system of accounting, only real income could be brought to tax. Hypothetical income cannot be taxed. Hence, appeal of ...

In short, a tax deduction reduces the amount of income on which you are taxed, whereas a tax credit reduces the amount of tax that you owe. This means that a $1,000 tax credit will save you much ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...

The proposed spending plan is up for discussion today and a decision is expected as early as next month. And LAist wants to hear from you.

Are you aware of the Taxpayer Bill of Rights?  We are reminded, especially during tax season, that taxpayers have 10 ...

Tennessee could share most of its revenue with football and basketball players or distribute it equitably between male and female athletes. Here's how.

Delhi High Court held that provisions of section 138 (B) of the Customs Act doesn’t provide unfettered right in all cases for cross examination of relevant person. Accordingly, appeals are disposed of ...

Our mission is to fairly and accurately identify and assess all taxable property in San Francisco and record, secure and provide access to property, marriage and other records. Together, we work to ...