Vermont state officials are hoping a new tax credit will make them more attractive to military veterans and their families.

ITAT Surat rules Bardoli Vibhag Gram Vikas Co-op Credit Society's interest from co-operative banks is eligible for Section 80P(2)(d) deduction, overturning ...

NRIs with India-sourced income must file ITR using Form ITR-2, but need not disclose foreign assets or income unless resident ...

Discover the evolving landscape of the Earned Income Tax Credit (EITC) in 2025. Learn who qualifies, the impact of new legislation, and how these changes affect low to moderate-income workers.

The One Big Beautiful Bill Act now requires a Social Security Number to claim education-related tax credits, reshaping how ...

Filing ITR for FY 2024-25 comes with common misconceptions that may lead to penalties or delays. This article debunks key ...

President Trump's One Big Beautiful Bill includes several provisions expanding federal subsidies and tax benefits for the oil ...

This tax proposal would do more than make tips income tax-exempt for servers. While this tax proposal promises to benefit servers, it's more complex than that.

Taxpayers must ensure proper disclosures when reporting foreign assets and income to tax authorities, including selecting the ...

The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...

President Donald Trump signed his "big beautiful" spending bill into law on July 4.

Nestled within the One Big Beautiful Bill (OBBB) — a more than 1,100 page piece of legislation which critics say bloats federal deficits, guts Medicaid and ...