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 ...

The Court of Tax Appeals (CTA) has denied the P13.9 million tax refund sought by Citco International Support Services Limited for its alleged input tax ...

Foreign assets attract tax under Section 112 at 12.5% for long-term gains without the benefit of indexation. Short-term gains ...

While the world has become more linked to China, China-based companies have become more vertically integrated. Not only have ...

If you're dealing with unpaid IRS tax debt, a tax relief program could help you tackle the issue and get your finances back ...

On Monday, Republicans unveiled their much anticipated Tax Bill (the “Bill”). At 389 pages, the Bill contains a number of provisions. Some are simply extensions of previous provisions that were ...

According to Newsom, this federal initiative would be modeled after California's proposed $750 million state program, which aims to increase the production tax credit cap and expand qualifying ...

California Lawmakers Unveil Plans To “Modernize” Film & TV Tax Incentive Program Via Expanding Eligible Projects, Upping Credit To 35% In LA — Update As the Golden State moves to increase ...