The Internal Revenue Service (IRS) shared guidance on Wednesday suggesting furloughed employees are guaranteed back pay under a 2019 law despite White House objections. “Although you will be ...
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New IRS form lets taxpayers claim 2025 deductions on tips, overtime pay, car loan interest
Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. President Donald Trump signs his signature bill of ...
Emmanuel Macron’s governments keep failing because of their unpopular austerity plans. The one move they’ve refused to consider: imposing a wealth tax on the superrich who’ve benefited most from ...
In accordance with the International Monetary Fund’s (IMF) guidelines, President Anura Kumara Dissanayake, in his capacity as Finance Minister, has issued a gazette reducing the duration and scope of ...
The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...
New Delhi: Bengaluru has become the first Indian city to broach the idea of a congestion tax as a solution to the traffic crisis—the literal point at which India’s Silicon Valley comes to a standstill ...
New Delhi: Indian Revenue Service officer Sameer Wankhede, who spearheaded the Narcotics Control Bureau probe against Shah Rukh Khan’s son Aryan Khan in the 2021 drugs-on-cruise case, has filed a ...
SALT LAKE CITY — Dozens of cities, school districts and special service districts are scrambling to figure out how to fund millions in government and education services after their tax increases were ...
Form 10-IEA notified vide Notification No. 43/2023 dated 21st June 2023 is applicable from Assessment Year 2024-25 onwards i.e. for A.Y. 2024-25 and upcoming years. With effect from A.Y 2024-25, new ...
IRS: Taxpayers looking to claim some of the new deductions tucked into the recently passed One Big Beautiful Bill Act will need to prepare for extra paperwork. The Internal Revenue Service has ...
Summary: The Income Tax Department has updated Form 3CD for Assessment Year 2025-26, introducing five key changes to the tax audit report. Businesses are now required to provide a more detailed ...
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