The Calcutta High Court stated that interest earned on surplus lending funds is attributable to banking business, qualifies ...

Your business credit card rewards are not taxable, but there can still be tax implications depending on how you use them. If ...

Adults with type 2 diabetes, especially those in vulnerable groups, face higher risks of medical debt, low credit scores, and ...

Even if you live abroad, you’ll usually still need to file a U.S. tax return. But there are ways to reduce or even avoid a ...

Among many other things, the $1.9 trillion American Rescue Plan Act increased eligibility and the amount of the earned-income tax credit (EITC) for taxpayers with no qualifying children for 2021 ...

Paycheck Plus tests the impact of a potential fourfold increase in the Earned Income Tax Credit for low-income Americans without dependent children.

The ITAT Kolkata has ruled that a legal heir is entitled to claim TDS credit on a deceased person's income, provided the heir has offered that income for ...

ITAT Nagpur rules Aditya Urban Co-operative Credit Society's FDR interest is eligible for 80P deduction, distinguishing it ...

The rule could mean your benefit payment amount could be worked out using higher earnings than you actually get ...

Some hiccups could be ahead as we learn more about restrictions involving a new tax break based on Trump's campaign promise of "no tax on tips." ...

The Trump administration’s move to push out IRS Commissioner Billy Long came after the agency said it couldn’t release some ...

The GOP's federal budget bill, H.R.1, leads to a $1 billion shortfall in Colorado, cutting Medicaid, raising costs, and ...