Senior citizen with pension, rental and interest income seeks clarification on tax implications of gifting property to ...

OVER nine million state pensioners are set to be hit with a “retirement tax” next year with rates rising next month. The blow ...

With just days left before the March 31 deadline, now is the time to review your tax obligations and make necessary ...

The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.

When you submit a Self Assessment tax return for the 2024/25 tax year by January 31, 2026, HMRC will review your return to ...

The Bombay High Court addressed appeals filed by Hicons Developers against an order issued by the Income Tax Appellate Tribunal (ITAT). The central issue revolved around the tribunal’s order dated ...

It is very important to follow the deadline for filing tax, otherwise you will not get the benefit of tax exemption and may ...

There is good news for those taxpayers who are looking for a way out from their tax notices or tax court cases including ...

HM Revenue and Customs (HMRC) has issued a crucial warning to all self-employed workers who could be hit by income tax ...

Gov. Sarah Sanders and her Republican legislative leaders signaled in January that they would stall on their promise to ...

Note on Correction of TDS Statements in view of amendment in Section 200(3) of the Income Tax Act vide Finance Act, (No. 2) 2024 Summary: The Finance Act (No. 2) 2024 introduced changes to Section 200 ...

The campaign to raise the personal income tax allowance to £20,000 per year reached another milestone on Saturday afternoon, ...