The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

A critical look of the new Income Tax bill suggests that these changes are largely cosmetic. The core complexities of the tax ...

Tables have been provided for provisions ... year has been done away with. Currently, for income earned in the previous year (say 2023-24), tax is paid in assessment year (say 2024-25).

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Under the provisions of section 87A of the Act, an assessee, being an individual resident in India, having total income not exceeding Rs 5 lakh, is provided a rebate of 100 per cent of the amount of ...

A major focus of the new tax bill is likely to be on lowering the number of such disputes by clearly defining provisions and ...

Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2024. Operating revenues were $1.84 billion for the ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

Finance Minister Nirmala Sitharaman replied to the discussion on the Union Budget in the Rajya Sabha before it was adjourned ...

A 2023 survey from the Pew ... If you're thinking that you can keep your tip income under the table, think again. If the IRS catches you withholding tips from your tax return, you'll be hit ...