Recently in a brochure the Income Tax Department has said that taxpayers should avoid using cash for their daily transactions ...

If you had or adopted your first child in 2024, your taxes are about to get more complicated. Here's a guide to help you through it.

The Supreme Court (recently on January 02) reiterated that reduction in share capital is covered under Section 2(47) of the ...

In the upcoming Budget, the Centre is considering cutting income tax for individuals earning up to Rs. 15 lakh/year in order to provide some relief to the middle class.

Millions of Brits will be scrambling to meet this year's self-assessment deadline on January 31 over the course of this month ...

Many companies are starting to distribute W-2 forms, which signals the approach of the upcoming tax season. From late January ...

Before the cap, more than one-third of California tax filers claimed the SALT deduction, averaging about $19,000.

David Oeth, the area coordinator for the Volunteer Income Tax Assistance program (VITA) explained there are some notable ...

The House Appropriations and Revenue Committee started the process of reducing the state income tax from 4% to 3.5% beginning ...

Tax season is here. Experts advise gathering all necessary forms, including W-2s and 1099s, to ensure a smooth filing process ...

Projects in Wintersville and Steubenville have been selected to submit final applications to increase low-income housing in the area.This initiative is through ...

KENTUCKY LAWMAKERS ARE TAKING STEPS TO LOWER THE STATE’S INCOME TAX RATE. TODAY, THE HOUSE APPROPRIATIONS AND REVENUE COMMITTEE PASSED HOUSE BILL ONE. THE MEASURE WOULD REDUCE THE RATE FROM 4% TO 3.5% ...