President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...

With labor shortages already weakening U.S. economic growth and global competitiveness, critical steps must be taken to ...

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

ITAT Mumbai rules that gifts received shortly after marriage are exempt under Section 56(2)(vii) of the Income-tax Act. The decision clarifies that "on the occasion of marriage" includes gifts ...

Imagine you’re a parent with two school-aged children. You and your spouse each work two jobs because you don’t earn enough ...

The IRS’s guidance for reviewing employee retention credit claims complied with the Administrative Procedure Act, a federal ...