The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

Pub. L. No. 119-21, enacted on July 4, 2025, marks a sweeping overhaul of the United States Internal Revenue Code of 1986 (Code). Fulfilling a major campaign promise of the Trump Administration, the ...

My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...

India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long festival season, boosting the economy that was slammed with a 50% import levy by ...

About 40% of retirees owe federal taxes on Social Security benefits, but recent legislation provides relief. Trump announces deal to lower weight loss drug prices in some cases The Trial of Pakistan’s ...

The Internal Revenue Service has issued a crucial reminder for tax professionals ahead of the upcoming 2026 season. The agency - which recently debunked a stimulus check claim - released an alert ...

The "stretch IRA" is gone for most beneficiaries who inherit IRAs from people who aren't their spouses. Before 2020, deceased owners of traditional IRAs could leave their accounts to their kids, ...

Five North County mayors argue that without subsidies from the state, it’s nearly impossible to produce the level of affordable housing the state demands.

Proposition Q: Austin residents vote on tax rate increase to fund 'core' services Trump foe Boasberg hit with articles of impeachment Trump’s Summary Killings Of Dozens Aboard Boats Appear Based On A ...

When it comes to filing your taxes, you certainly don't want to make any errors. A simple mistake could land you in hot water with the Internal Revenue Service. An IRS audit involves a thorough review ...

Tax is expected to rise in order to finally pay for improvements in public services. Body of 7-year-old girl swept out to ocean by extreme waves found At 41, my wife divorced me out of the blue – now ...

ITAT Delhi held that reopening of assessment under section 148 of the Income Tax Act on the basis of stale information results into change of opinion and the same is not sustainable in law.