With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of ...

HOUSEHOLDS around the UK are bracing themselves for tax hikes in Rachel Reeves’ Budget later this month. The Chancellor ...

Retired employee got Rs 13 lakh as leave encashment; tax dept denies tax exemption; ITAT Jaipur applies Rs 25 lakh leave ...

As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...

Despite promises to the contrary, Rachel Reeves may hike income tax at the Budget. How much money would it make the Treasury ...

Partly—but only partly—this was the result of President Donald Trump’s 2017 tax cut, which lowered the top corporate tax rate ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Below are five key ...

A long list of other tax breaks, including the child tax credit, the American Opportunity Credit and the adoption credit, are tied to your modified adjusted gross income (MAGI). Your MAGI also ...

If you’re feeling anxious or overwhelmed as open enrollment begins, here is some information that might help you choose a plan.