Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

The vast majority of income tax paid is by individuals, not by corporations who claim to need more tax relief. But things are ...

The IRS released final regulations that amend the definition of “coverage month” and amend other rules in existing income tax regulations for computing the premium tax credit.

The Indiana Department of Revenue shared several 2024 tax-related changes in an easy-to-read summary. Individuals can also ...

India's tax regulator has ruled that pre-2022 crypto gains are subject to its capital gains tax and crypto assets are ...

Lawmakers passed a tax cut package in 2022, which included gradually reducing the individual income tax rate down to 2.9 ...

Income tax expense is a critical component of a company’s financial statements, reflecting the taxes a business owes based on its taxable income for a specific period. It represents the total ...

Jodhpur ITAT recently ruled that an Infosys employee who purchased Bitcoin using his salary should pay capital gains tax at ...

The ITAT ruling acknowledged cryptocurrencies as capital assets. Therefore, any profits derived from their sale prior to the ...

Income tax policy could change after Trump becomes president, but that won't affect returns that Americans will file for 2024. Here are a few reminders.

India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties ...

The bill defines an “eligible person” as someone who has filed their most recent income tax return and declared sufficient ...