You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

India is one of the early adopters of Common Reporting Standards (CRS) and has been receiving data since 2018 for the ...

Conclusion: Interest income earned from staff loans and advances was incidental to the business of power generation and qualifies as “business income” by relying on the judgment of the Hon’ble Orissa ...

India has robust legal provisions to distinguish between tax avoidance and evasion: 1. Income Tax Act, 1961: Sections 139 and 271 prescribe penalties for non-disclosure of income. 2. General ...

President Donald Trump has once again made headlines with his proposal to eliminate income taxes -- he wants to replace them ...

Think your side gig income isn't significant enough to report? The IRS is increasing its focus on self-employed workers, with stricter reporting requirements and higher audit risks for Schedule C ...

A new bipartisan bill would exempt disaster mitigation grants from federal taxes, easing costs for homeowners who strengthen ...

Over 24,000 taxpayers disclosed foreign assets worth over Rs 29,000 crore after govt reached out to people with high foreign ...

MICHIGAN (WLUC) - Michigan House Republicans say they want to cut the state income tax for people and small businesses. On ...

The tax treatment of the free products many influencers get in the course of doing their job is especially ambiguous, leaving them unaware of how to correctly file their tax returns.

Leveraging data from 108 countries, the Income Tax Department successfully encouraged 30,161 taxpayers to voluntarily ...

Several factors led to the Great Depression, one of the most severe economic crises in U.S. history. NPR interviewed ...