The imposition of VAT on digital services is not considered as a new tax. Nonetheless, the law provided for a variety of new ...

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

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 U.S. Treasury Department and the Internal Revenue Service (“IRS”) published final regulations on December 4, 2024, defining “energy property” ...

On December 4, 2024, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations (T.D. 10015) related to ...

High Court Allows SVLDR Scheme Benefit Despite Higher Tax Quantification Declared Out of Abundant Caution- Admitted Tax Liability Before Cut-Off Date Upholds Eligibility for Settlement Scheme, ...

See how we rate tax products to write unbiased product reviews ... The fairness of progressive taxes ultimately depends on your definition of fair. How do progressive taxes affect the economy?

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the ...

The federal income tax is levied by the Internal Revenue Service on individual and corporate income to pay for government services. Income can come from a job, investments, a business, or ...

When you make a gift that exceeds the annual gift tax exclusion, you'll need to file Form 709 with the Internal Revenue Service. Gift tax rates are progressive, with a series of brackets ranging ...