President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...

Scott and legislative Republicans have long pushed for exempting military pensions from income taxes. This year, lawmakers in all parties signed on to a significant exemption.

A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they ...

ITAT Kolkata held that filing of Form No. 67 is directory and no mandatory and the credit for foreign taxes cannot be denied for mere delay in filing the Form No. 67. Accordingly, appeal of the ...

An interview with George Dimov, the CPA building a nationally trusted firm for tech professionals, global earners, and remote ...

As they push for big cuts in Medicaid and food stamps, Republicans are making a big bet that they can avoid political ...

A 3.5% federal tax on money sent abroad might sound inconsequential, but it would create red tape that could hurt businesses ...

Whenever lawmakers start carving up benefit programs, women raising children alone are always the first to feel the pain.

ITAT Delhi held that revision under section 263 of the Income Tax Act not justified as PCIT failed to demonstrate that assessment order was erroneous and prejudicial to the interest of revenue.

Nearly 10,000 staff in Scotland’s “bloated” public sector are on six-figure salaries, the most detailed survey ever of their ...

A recent report on child poverty in South Carolina showed the rate dropped slightly – from 20% of the state’s children in ...