ITAT Mumbai rules on Section 36(1)(viia) deduction for banks, confirming it applies to total outstanding advances, including opening balances, citing High Court ...

It is tempting to think the budget conflicts in Washington today are something new and different from a dialogue going on for ...

Johnson County officials may be facing a financial rock and a hard place in the coming years.

As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries ...

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

Your tax filing could look dramatically different after 2025 if new legislation passes. The bill would maintain lower tax ...

A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...

The Senate and House have introduced competing versions of the 'One Big Beautiful Bill,' each reflecting distinct fiscal ...