The update allows firms that serve larger numbers of taxpayers to manage centralized authorization file access, view client ...
The following column was contributed by Chad Slate. As tax season approaches, you may be wondering: should I file my return ...
The Union Budget 2026 has proposed a staggered timeline for filing income tax return (ITR) to ease the rush during the peak ...
Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
One of the biggest consumer wins is the sharp cut in TCS on overseas tour packages, now a flat 2 percent with no threshold, compared with the earlier 5 percent and 20 percent slabs.
In 2026, tax season stands as a critical time for financial reclamation. For the Black community, the U.S. tax code has long served as a “silent architect” of the racial wealth gap — a complex web of ...
President Trump’s tax and spending cut bill was signed into law on July 4, 2025. It enacted new tax deduction rules for many Americans, including seniors and certain workers. Changes include no taxes ...
Indonesia is seeking to plug an unusually deep revenue shortfall before year-end by scrutinizing wealthy individuals and big businesses for extra tax payments. As the country’s budget deficit ...
Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...
Tax administrations globally face difficulties keeping up with modern economies and sophisticated tax evasion tactics. Traditional rule-based systems often fall short in detecting these tactics ...
DAYTONA BEACH, Fla. — A new report obtained today by nine investigators shows that some Daytona Beach employees may not be paying federal taxes on their car allowances. The findings come from an ...