A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon. Finance Minister ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

NC's tax code lacks a provision for deducting gambling losses, but proposed House Bill 14 seeks to address this.

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

The Tax Cuts and Jobs Act of 2017 reconfigured the tax code. Did it also enable a pharmaceutical giant to invest in Wake ...

Trump made several policy pronouncements after winning election, but he did not call for ending child tax credits for child support recipients.

The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...

FM Sitharaman's speech last Budget hinted at this new tax law when she said the goal was to simplify the income tax laws and cut the Income Tax Act, 1961's page-count by as much as 60 per cent.

The tax code will provide some assistance, but the benefit is haphazard, somewhat random, and mostly helps wealthy individuals. The provision is so complicated that receiving assistance under it is ...

A reader wants to know why they are getting hundreds of pounds less in their pension after a change to their tax code ...