While the country transitions to a new, yet familiar, presidential administration, lawmakers must keep in mind: fighting ...

The Direct Tax Code - a new income tax bill meant to simplify compliance for individual taxpayers - will be introduced ...

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

As the tax-filing season approaches, the clock is ticking on two legal challenges to the proposed capital gains tax changes.

If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...

Trump made several policy pronouncements after winning election, but he did not call for ending child tax credits for child support recipients.

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Learn how to create a personalized drawdown strategy that maximizes your retirement income while minimizing your tax burden.

Tax season has officially opened. Starting on Monday, you can now file tax returns for 2024 income. This year the Internal ...

The good news is that there may be ways to do that. What many people don't realize is that the tax code includes various provisions for reducing tax debt. The challenge is knowing how to navigate ...

Applicable to foreign workers Threshold raised to $130k Economic impact questioned Oman has issued a new draft ...