The Income Tax Department has revoked The Reporter's Collective's non-profit status. As per the IT department, TRC's ...

Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023 ...

The heavily-taxed salaried class has also started receiving so-called show-cause notices from the FBR’s field formations for ...

You can log in to the income tax e-portal and give your suggestions along four different criteria. These are simplification ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

Louisiana taxpayers can begin submitting their 2024 state income tax returns beginning Wednesday, Jan. 29. Taxpayers who file ...

The IRS expects more than 140 million individual tax returns for the tax year 2024 to be filed before the April 15 federal ...

If you’ve mistakenly claimed a deduction under Section 80GGC that you weren’t entitled to, it’s advisable to rectify the error by filing an updated return. Taking corrective action now can help you ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

The income tax law review is work in progress. What more could be done to simplify tax laws? Till the time the new income tax ...

The next ANCHOR benefit has to be funded in the state budget this summer. The last benefit, paid out for the 2021 tax year, ...

The state’s Department of Revenue Services announced on Wednesday that it is accepting individual state income tax returns ...