Understand the taxability of royalty income for German companies in India, DTAA applicability, and the procedure for claiming ...

Councilman Randy Niemeyer believes Lake County's 1.5% income tax rate could be reduced to 0.5% or less as soon as 2028 with ...

This tax proposal would do more than make tips income tax-exempt for servers. While this tax proposal promises to benefit servers, it's more complex than that.

Supporters of a new income tax credit for middle-class households with children couldn’t overcome Gov. Ned Lamont’s objections this spring, despite strong grassroots support and broad backing ...

ITAT Ahmedabad allows co-operative societies to claim 80P(2)(d) deduction on interest from co-op banks, distinguishing it from private bank ...

How It Could Affect Servers Under current law, every tip — cash, credit, debit or via the business’s electronic payment system — must be reported as income no matter the amount.

Senators also removed a provision that would have created a new income tax credit for some people who earned a Purple Heart – the decoration for service members who were wounded or killed in action.

Senators also removed a provision that would have created a new income tax credit for some people who earned a Purple Heart – the decoration for service members who were wounded or killed in action.