Vanguard Group Inc., the investment giant famous for low-cost index funds, is seeking regulatory approval to expand its signature tax-saving fund structure — as anticipation grows that the ...

A man who pleaded guilty to leaking President Donald Trump’s and thousands of others’ tax information asserted his Fifth Amendment right to the House Judiciary Committee and declined to testify.

The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000.. The bill, which passed with ...

House Republicans released a portion of President Donald Trump’s tax agenda late on Friday evening, bringing them one step closer to completing the commander-in-chief’s "big, beautiful bill ...

The Tax Cuts and Jobs Act (TCJA) disproportionately benefited the working and middle classes, as evidenced by IRS data which shows that the TCJA made the federal tax code more progressive, with low… ...

III. Which tax rate apply: In the latest Budget 2025, meanwhile, taxpayers with annual income upto ₹ 12 lakh are not made to pay any income tax. The new rates will kick in from April 1, 2025 ...

A Government climate adviser who backed a tax on frequent flyers racked up 40,000 air miles in a year by jetting to environmental conferences.. Nigel Topping is one of the six members of Ed ...

President Donald Trump on Friday reiterated his plans to revoke Harvard University’s tax-exempt status, making clear that he intends to use the IRS against his perceived enemies.

President Donald Trump threatened to eliminate Harvard University’s tax-exempt status, following the Ivy League school’s refusal to implement policy changes demanded by his administration ...

A common one is Form T1135 Foreign Income Verification Statement to report foreign assets with a cost base in excess of CAD$100,000. Penalties for filing late can be steep—$10 per day, up to a ...

Burger King offering 1-cent cheeseburgers on Tax Day. On April 15, Royal Perks members can get a 1-cent cheeseburger with a $1+ purchase at participating Burger King restaurants. The offer is ...

Jackson Hewitt is reviewing a franchise location after reports emerged that flyers were being handed out to migrants in New York City on how to receive tax refunds of up to $14,000.. The company ...