Over six decades of amending the income tax law has made it an unwieldy legislation, increasing the incidence of litigation.

The Merrick Park Apartments received a low-income tax credit and subsidy award from the Healey-Driscoll Administration ...

Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...

On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

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

Non-disclosure of income from VDAs under the regime introduced in the Finance Act, 2022 could expose the taxpayer to search ...

The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.

What could that cost an individual? According to an accountant consulted by MarketWatch, it would be a lot. To use round numbers, if you had $100,000 in adjusted gross income for ...

THE Philippines and Cambodia inked a double taxation agreement (DTA) as part of efforts to boost business confidence, increase trade, and spur economic growth between the two nations. “The signing of ...

WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) ("Onity” or the "Company”) today announced its full-year and fourth quarter 2024 results and provided a business ...

Section 68 of the Income Tax Act governs unexplained cash credits. If a sum appears in a taxpayer’s books and its nature or source is unclear or unsatisfactory, it is treated as taxable income. This ...

Britain's leading economic think tanks have sounded the alarm ahead of the upcoming Spring Statement and fiscal Budget, which ...