Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

There are currently 41 states and Washington, D.C. that do not tax Social Security benefits. The remaining nine states that do are: Colorado, Connecticut, Minnesota, Montana, New Mexico, Rhode Island, ...

If wider tax changes are needed, the big mistake would be to tinker at the edges rather than acting decisively', former Shadow Chancellor Anneliese Dodds writes ...

Rachel Reeves has been warned she will hammer the self-employed if she launches a £6bn income tax raid in her Budget next ...

WITH the Chancellor’s Budget looming, families are bracing for a squeeze. Rachel Reeves has repeatedly refused to rule out an ...

ITAT ruled that CPC's adjustment denying the Section 80IE deduction without prior intimation may violate Section 143(1)(a); the matter was remanded to verify if the assessee was given an opportunity ...

UK households are likely to be hit with tax rises during November as Rachel Reeves announces her Budget. It's a huge month for the nation's finances and families will soon find out how they will be ...

Homeowners still have time to take advantage of a federal tax credit of up to 30% of the cost of eligible energy-efficient home improvements. The Energy Efficient Home Improvement Credit (also known ...

Tribunal held that sale proceeds of fixtures sold with a flat could not be taxed separately under income from other sources and quashed the CIT’s Section 263 ...

The amount is guaranteed to pass this limit in 2027 without Government intervention. That means people whose only income is ...

In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden.

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies ...