Industries and taxpayers await changes in Union Budget 2025, which would be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, at 11 am. This will be her eighth budget presentation ...

President Donald Trump has only been in office a few days, but he hit the ground running. He's already made good on some of ...

Eligible taxpayers can get free tax prep and filing help from IRS-trained volunteers next weekend. Super Refund Saturday is ...

Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate ...

Johnson’s team is laying out its first-quarter priorities. What’s not on the list is solutions to big fiscal cliffs for city agencies.

Immigrants residing illegally within the U.S. could no longer receive child tax credits or tax breaks for low income earners ...

While tax season started Monday, state leaders want Marylanders to know they need not struggle to get returns filed.

And the potential loss of expertise in information technology and cybersecurity could put both agency efficiency and taxpayer ...

In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says Laurence Kotlikoff, an economics professor at Boston University. “Go big or go ...

To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...

Tips have a clear definition for tax purposes: the payment must be made “free of compulsion,” and the customer determines the amount—it cannot be the result of negotiation. Those restrictions make it ...

Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...