LANSING — Michigan's personal income tax returns would mirror federal tax cuts for tips, overtime pay and Social Security, under the budget deal announced Sept. 25 by Gov. Gretchen Whitmer and ...

The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, and 3CB. Late submissions may incur penalties. Recent amendments to Form 3CD, ...

The deadline to submit an income tax audit is September 30, 2025, weeks after the due date to file an income tax return (ITR) for most people, Hindu Undivided Family (HUFs), and other entities not ...

NEW DELHI, Sept 3 (Reuters) - Indian Finance Minister Nirmala Sitharaman on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the ...

Are you a salaried individual who gets confused during the ITR filing season, especially about what exactly counts as “Income from Salary” in Income Tax? You’re not alone! In this article, we simplify ...

“Interest earned from a savings account is taxable under the Income Tax Act. However, individuals and HUFs can claim a deduction of up to ₹10,000 in a financial year under Section 80TTA. If the ...

The Income Tax Department has extended the deadline for filing Income Tax Returns (ITR) for FY 2024-25 to September 15, 2025, from the earlier date of July 31. This gives taxpayers an additional 45 ...

Taxpayers in Arkansas will have even more time to file a return this year, the Arkansas Department of Finance and Administration said Tuesday, due to the “ongoing effects” of severe storms that hit ...

Now that President Donald Trump’s so-called “big, beautiful bill” is the law, you’re probably wondering how much you’ll save on your taxes when you file next year. The Tax Policy Center (TPC), a ...

Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits, ...

Alabama lawmakers on Tuesday gave final passage to a bill to exempt diapers, baby formula, feminine hygiene products, and other items from the state sales tax. The bill, HB152 by Rep. Neil Rafferty, D ...