The Department of Education has been a source of political controversy since opening its doors in 1980 during Jimmy Carter’s ...

Ukraine, Iraq, Haiti and Bangladesh have been added to countries for tax year 2024 for which some requirements have been ...

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

ITAT Chennai held that when cash is sourced out of recorded debtors, provisions of section 69A of the Income Tax Act could not be invoked. Accordingly, addition u/s. 69A is not sustainable in law.

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

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 ...

Physicians typically have tax reduction and long-term wealth accumulation at the top of their financial objectives.

In influencer marketing, this guideline allows influencers to exclude low-cost products or services from their income if their value is too small to track. Frequently receiving many low-value goods or ...

If Trump continues to focus on increasing consumption taxes as he cuts taxes for the super-rich, the wealth gap will continue to blow up.

Greystone Housing Impact Investors, yielding 11.9%, is a partnership that focuses on residential real estate. Read why GHI ...

President Donald Trump is a proponent of tariffs, insisting that they are paid for by foreign countries. In fact, it is ...

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.