Shortly after Congress sent the bill to Trump’s desk, the Social Security Administration informed program participants in a ...

Colleges and universities will also take a hit, as will taxpayers who depend on Medicaid, food assistance and owe money on ...

A Sussex County commissioner has been charged with a crime for information on his 2019 income tax return that state ...

The most important aspect of the passage of the Big Beautiful Bill (BBB), was preventing the  2017 tax cuts from expiring.

As the ITR filing season is in full swing, over 1 crore taxpayers have already filed their returns. While the last date has ...

The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, ...

Individuals and businesses in Texas affected by severe storms, straight-line winds and flooding that began on July 2 now have ...

The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...

If approved, the proposed one-and-a-half percent earned income tax would replace the 7.5 mill property tax voters narrowly approved in 2023.

ITR-6, and ITR-7 utilities is delayed due to technical integration difficulties, raising concerns as deadlines near. Experts cite evolving reporting needs as key factors.

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...