As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...

ITAT Chennai held that material/ information referred by AO in reasons recorded cannot be held to be tangible material hence reopening of assessment under section 147 of the Income Tax Act without ...

Michigan is a top choice for retirees. Enjoy low taxes, breathtaking scenery and abundant outdoor recreation.

The House Republican budget released today by Budget Committee Chair Jodey Arrington is an extreme giveaway to the wealthy at ...

Gov. Whitmer proposes a $3 billion plan for Michigan road improvements, funded by gas and corporate taxes and marijuana tax ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

The sale of real estate is one option that Mark and Rebecca can use in later life. They have a paid-off home worth $1-million ...

This will increase the burden of compliance on the part of the assessees and simultaneously increase the burden of the Income Tax Department also in monitoring the same. Many firms do not have TAN and ...

Learn about important tax provisions and Budget 2025-26 proposals for salaried employees at an outreach programme by the Income Tax Department.

WHETHER it’s getting paid to watch telly or making money from shopping, there are loads of legit ways to earn extra cash from ...

The House of Delegates and Senate passed similar budget bills Thursday, setting the stage for negotiations with Gov. Glenn ...

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...