The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

Only three weeks into his second term, President Donald Trump is moving full steam ahead with his agenda. He won ...

A hearing took place earlier this week to define if grants awarded to students enrolled in the EFA program represents taxable ...

A new tax code is likely to come with the election of President Trump, and there are a few directions Congress and the president could go. According to the Tax Foundation, ...

During the pendency of the Appeal filed by the respondent-Authority before the NCLAT, the impugned notice dated 30 th March, 2023 was issued u/s. 148 of the Act to re-open the assessment for ...

A 50% property tax reduction bill that passed the Senate on three readings has passed for the first time in the House.

The Bill, which is likely to be introduced in Parliament on Thursday, has now defined a new concept of ‘tax year’ as the ...

As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

The leader of the tax policy panel in the New Mexico House of Representatives says he wants to renew a tax deduction for ...

Former Interior Secretary and New Mexico congresswoman Deb Haaland has made a long-rumored run for governor official, announcing her intent to be the first Indigenous woman governor of the state.

President Trump’s plans to police DEI language and control the Kennedy Center show an intent to use the government’s enormous ...