Former tax inspector publishes analysis revealing scale of compliance challenges for capital's landlords amid rising ...

Mumbai ITAT deletes ₹42 lakh 'on money' addition against assessee, citing tax officer's failure to provide cross-examination and lack of independent ...

Mumbai ITAT dismisses appeal against assessee, citing invalid Section 148 notice due to improper sanction and lack of cross-examination in 'on money' ...

Several new laws are taking effect in Mississippi on July 1, 2025, including one that will gradually eliminate state income ...

Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures. The shift could ...

Indian tax authorities face growing revenue losses as AI firms generate income from Indian developers without a physical presence, bypassing tax obligations. The current tax framework struggles with ...

The tax rates for ordinary dividends are the same as standard federal income tax rates: 10% to 37%. Qualified Dividends vs. Ordinary Dividends .

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do,” one expert said. Your income holds the answer. Share ...

More than 91% of this income derived from the 12.4% payroll tax on earned income. In 2025, all wages and salary up to $176,100 is subject to this tax.