Stay off the IRS radar: Did you know income tax brackets have shifted? Here’s how to avoid an audit
President Donald Trump has issued a “full and unconditional pardon” to Washington, DC, police lieutenant Andrew Zabavsky and ...
Income Tax Cuts Advancing In Numerous State Capitals
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
5 tax strategies for high-income earners
Tax season’s here, and high-income earners need more than just festive cheer. Learn 5 strategies to boost savings and ...
Budget 2025 income tax: Raise 30% income tax slab; provide flat 30% deductions on gross income - here’s why
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...
It's True: These 13 States Don't Tax Retirement Income
As of this year, nine U.S. states don't collect income tax on retirees' income simply because these states don't impose ...
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
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Free tax prep for low-to-moderate income residents being offered
The Valley Opportunity Council (VOC) is once again offering free tax preparation services for eligible residents in ...
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Sections 177 and 214C of Income Tax law: Structured procedure for audits by IR explained
ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has explained a structured procedure for conducting audits ...
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Proceedings Initiated Against Income Tax Assessee After His Death Cannot Be Continued Against Legal Representative: Karnataka HC
The Karnataka High Court has said proceedings initiated against an Income Tax Assessee by issuing notice after his demise ...
Opinion
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...
Trump: ‘We have to get Democrats’ to approve tax cuts
President Trump said Thursday he’s working with Democrats on extending and building off of his 2017 tax cuts — one of the top legislative priorities for Republicans, who are split on many of the law’s ...
Franklin California Intermediate-Term Tax-Free Income Fund Q4 2024 Commentary
The municipal bond market, as measured by the Bloomberg Municipal Bond Index, recorded negative total returns for the fourth quarter of 2024 but fared better than US Treasuries.