The CBDT has released the key highlights of the Finance Bill, 2025, explaining that the capital gains will excluded from ...

Could a 10% flat tax — based on traditional notions of tithing — bring more sanity and equity to the U.S. tax code?

Bipartisan legislation that would update the tax code “to incentivize homeowners to sell their properties, increasing the housing supply and alleviating affordability challenges in communities ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

Two surveys this week show a stark and growing divergence between heads of businesses and the rest of the country when it ...

The tax agency is laying off 7,000 employees, but there are protections for taxpayers whose refund payments are delayed.

The purpose of state corporate income taxes is to tax the profit, or net income, an incorporated business earns ...

Elon Musk previously created confusion of whether the IRS Direct File program was available. Some fintechs are offering free ...

American Airlines Group showcases strong Q4 results, EPS growth potential, and expanded AAdvantage program. Click here to ...

The ED lodged the case following Income-Tax Department surveys at the BBC premises in New Delhi and Mumbai in February 2023 for alleged “non-compliance” with transfer pricing rules and diversion of ...

Finance professor Samar Ashour offers advice on whether to file taxes independently or seek help from a certified public accountant.

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...