What might a Trump presidency mean for your taxes? 8 CPAs share their No. 1 piece of advice for this tax season and beyond
Many CPAs we talked to emphasized the importance of consistent contributions to your retirement fund. “Funding one’s ...
New Income Tax Bill 2025: What’s new, what may change, and what we can expect?
The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...
No tax on income up to Rs 12 lakh, but it's a rebate, not an exemption
"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...
Income Tax Slabs Budget 2025 Highlights: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
No Income Tax For Working Class? Unions Float Radical Proposal
Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.
Historic MS tax cut would end tax on income, unless you work in porn or are a sex worker
A House bill meant to eradicate the state's individual income tax does not apply to sex workers in Mississippi.
CNET on MSN1d
Be Sure to Claim All Your Tax Credits to Get the Largest Tax Refund Possible
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
Tax Guru3d
Budget 2025: Key Highlights of Income Tax Proposals
The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...
Union Cabinet approves new Income Tax Bill to simplify and modernise tax system
The Union Cabinet on Friday approved the new Income Tax Bill, reported PTI citing sources. The bill, which will replace the ...
Tax Guru1d
Income-Tax Rule 2F Amended for Infrastructure Debt Funds
In exercise of the powers conferred by section 295 read with clause (47) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules ...
Crain's Cleveland Business2d
Advocates praise child-related provisions, tax credit in DeWine's budget proposal
Child advocacy group Groundwork Ohio praised the budget proposal’s “commitment to Ohio’s youngest children,” and pointed to ...