News

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 legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...
Unpack the rules of withholding tax on RRSPs in Canada. Discover these valuable insights to guide your clients using ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
ITAT Cochin rules in favor of Muthoot Bankers, allowing deduction for interest paid to partners under Section 40B, overturning disallowance by lower ...
Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...
ITAT Pune held that revisionary order under section 263 of the Income Tax Act is liable to be quashed as AO conducted detailed enquiry and after proper application of mind has taken one of the view ...
The money, interest on funds set aside for improvements to Interstate 70, should have been deposited in the general revenue fund, according to a new state audit.
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an ...
There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a ...
It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.
Well, it happened: President Donald Trump signed his ​ “ big, beautiful” bill earlier this month, sounding an early death ...