Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers ...

NEW YORK — President Donald Trump’s “ no tax on tips ” pledge became a catchphrase for his 2024 campaign. Now it’s inching ...

Tax time is upon us again, and while most of us look forward to a little boost in our bank accounts, the truth is that ...

Every year over eight million Aussies lodge a tax return, and get an average refund of $2,500 from the Australian Taxation ...

Trump offered few details at the time, but later made similar pledges to eliminate taxes on other forms of income, including ...

While there is still more than a month until you can lodge your tax return, there are things you can start preparing now.

The ‘on money’ gets surfaced during search and surveys in the form of loose sheets, chits, diaries, whatsapp chats, ...

The Australian Taxation Office (ATO) has introduced a practical exception for employees who receive a travel allowance, ...

For the FY 2025-2025 IT returns, taxpayers can now use ITR-1 (Sahaj) or ITR-4 (Sugam). This includes those with long-term ...

A member is not eligible to claim a personal superannuation contribution deduction without a valid acknowledgement letter before the lodgment of a tax return, a recent private binding ruling has ...

The Trump Administration’s prior announcement of a 10-percent universal tariff and 125-percent tariff on Chinese goods created a widespread impact ...