The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Forget the TV sitcom stereotypes of clueless landlords. To make the most of income property requires an accountant’s eye for ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Speak with a tax relief specialist about your options now. What can the IRS do to collect unpaid tax debt? The IRS starts the ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Taxes will require a little extra planning for the thousands of Americans who have lived or worked in multiple states last ...

When the IRS raises federal income tax brackets, you might fall into a different tax bracket than ... the standard deduction is usually the best way to maximize your tax refund.

But could fire victims still have to pay any taxes on money they collect ... treated as tax-free by the IRS. For example, the tax code allows taxpayers to exclude from their income amounts ...

One of the surest ways to ensure ... path toward complete income tax elimination with easier-to-achieve revenue triggers, we would dismantle the infrastructure used to collect income tax, thus ...

Union Budget 2025: Last year, Sitharaman in her budget speech proposed a new tax structure under the new income tax regime. Finance minister Nirmala Sitharaman will present the Union Budget on ...