No tax is required to be deducted at source under Sec. 195, if the amount paid by resident Indian end-users to non-resident, ...

The IRS recently updated its income tax bracket ranges and the standard deduction for 2025. Depending on your income level, ...

Since the proposed dual consolidated loss (DCL) and disregarded payment loss (DPL) rules were released in August 2024, taxpayers have been ...

The alternative minimum tax (AMT) is designed to ensure that certain taxpayers who benefit from various deductions and tax ...

If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.

With the financial year-end approaching, taxpayers must meet a few important income tax deadlines to avoid penalties and ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say. Enacted via the Tax Cuts and Jobs Act ...

Pursuant to the enactment of Republic Act 12066, otherwise known as the Create More (Maximize Opportunities for ...