Gov. Kevin Stitt signed the income tax cut into law Wednesday. It was his key priority of the Legislative session, which must ...

Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...

Discover strategies for income growth and stability with insights into dividend growth, market timing, and smart investments ...

There are a lot of reasons to love Roth IRAs, but the tax rules governing them are complex. Here’s what you should know.

Revising your salary structure with tax-efficient components like HRA, LTA, and reimbursements can significantly reduce your ...

In addition to creating an inequity between tipped workers and everyone else, reducing the Social Security credits for many ...

The Income Tax Department has released Excel utilities for ITR Forms 1 (Sahaj) and 4 (Sugam) for the Assessment Year 2025-26, ...

The Tax Court held that a sheriff’s withdrawal and subsequent repayment of funds used to provide food to prisoners ...

A Social Security Administration letter advising of a reduction of his self-employment earnings record and an IRS refund were ...

The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year to facilitate the ...

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

While the government plans to offer a minor concession to marginal taxpayers by raising the tax-free income threshold by Tk25,000 to Tk3.75 lakh, nearly all other taxpayers are set to face increased ...