Workers who rely on tips moved a step closer Tuesday to seeing a significant tax break when the U.S. Senate approved a new federal tax exemption. U.S. Sen. Ted Cruz, R-Texas, authored the bill, which ...

On May 14, the House Ways and Means Committee approved the Make American Families and Workers Thrive Again Act, which would ...

Trump's One Big Beautiful Bill, including a bigger child tax credit, is moving through Congress. See what may be in it for ...

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...

In light of the factual findings and the guiding judicial precedents, the ITAT concluded that the entire addition of Rs. 1,43,00,000 made under Section 68 was unwarranted. The Tribunal accordingly set ...