The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favor of Bhavya Construction Co., allowing their claim for deduction under Section 80IB(10) of the Income-tax Act, 1961, for ...

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

The IRS has announced inflation adjustments for 2025, bringing positive changes to tax credits and deductions. These ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

set each year by the IRS, that lowers the sum of your taxable income if you do not itemize deductions on your return. Learn more about property taxes in your state and whether Social Security and ...

I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...

Conclusion: Revision order issued by PCIT was quashed against Make My Trip (India) Private Limited as AO had conducted a proper inquiry before allowing the deduction of Employee Stock Option Plan ...

Millions of households will be impacted by major tax changes coming into force from April – with the government also said to be preparing to slash benefits ...

The Labour Party government is set to unveil its Spring Statement on March 26, with the government set to slash Department ...

"HMRC will send a tax calculation letter and tell you if you have a tax overpayment or underpayment. Your bank or building ...