If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

SUPREME COURTSupreme Court Issues Notice To IndiGo On Plea Of Customs Dept & GST Council Against Ruling On IGST Exemption For ...

Industrialist bodies have expressed deep concern over recent amendments introduced by the Federal Board of Revenue (FBR) in income tax return and wealth statement forms, calling the move unjust, ...

The Federal Board of Revenue (FBR) on Friday announced the removal of the “Estimated Fair Market Value” column from income tax return forms for 2025, following the approval of Prime Minister Shehbaz ...

Butler County commissioners approved a $20.1 million property tax break for county property owners Monday during a special meeting. The commissioners are providing property owners a two-pronged tax ...

The CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include revised reporting for MSME payments, new requirements for share buybacks, and ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

Rachel Reeves is poised to announce a VAT hike on cab journeys which will hammer residents of rural areas, industry insiders have warned. Campaigners said the Chancellor would use her autumn Budget to ...

A gas pump is pictured at the Franklin Kroger gas station on Aug. 31, 2024. Daily Journal File Photo Hoosiers will pay slightly more in taxes at gasoline pumps next month. The state’s 7% sales tax ...

As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...

The Income Tax Department has released Excel Utilities for updated returns. These are for ITR-5, ITR-6, and ITR-7 forms. This applies to Assessment Years 2021-22 and 2022-23. Forms are available on ...