As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The IRS has unveiled its annual inflation adjustments for the 2026 tax year, rolling out a long list of changes to deductions ...
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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 ...
EAU CLAIRE, Wis. (WEAU) - Universities of Wisconsin President Jay Rothman, school district leaders from Eau Claire and Chippewa Falls, and UW-Eau Claire interim Chancellor Michael Carney are ...
US President Donald Trump, who had threatened more tariff on various issues, is making good on his promise. Today he announced his intention to impose "a 100% Tariff on any and all movies that are ...
Rachel Reeves lit the fuse of another tax bombshell as Britons were put on notice for more painful hikes. The Chancellor all but revealed she will have no choice but to act to fill a £50billion black ...
Rachel Reeves fuelled fears over a VAT raid today as she hinted the Budget could see tax rises and spending cuts. The Chancellor said she had made a 'solemn promise' to stabilise the country's ...
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 ...
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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