A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars in devastation around Los ...

The Earned Income Tax Credit (EITC) offers a significant financial boost to low and moderate-income workers and families. By ...

Given this context, the upcoming budget for FY26 assumes accentuated importance. While expectations will be high for the ...

President Trump’s TCJA laid the foundation for historic tax relief and economic growth, and with our new Republican trifecta ...

Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.

Among the various tax reforms being considered for NRIs, there is a strong desire for a reduction in the taxation on trading ...

Parliament's Budget Session will held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her ...

President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald ...

Both parties presented their arguments, with the assessee contending that the cash deposits were sourced from its textile trading business, specifically from sales outside the books of accounts. The ...

The Kenya Revenue Authority (KRA) has announced a reduction in the Fringe Benefit Tax alongside two other taxes, providing ...

As per Focus Taiwan, titled The United States-Taiwan Expedited Double-Tax Relief Act, the act was passed in the House by ...