Low-income families may be able to get an increase in refunds after the Internal Revenue Service (IRS) raised the income tax ...

| State tax credits for affordable housing projects can be critically important in the capital stack, helping developers bridge financing gaps, accelerate project timelines, and build innovative ...

ITAT ruled that Thane Zilla Vidyasevak Sahakari Patpedhi Ltd. is eligible for deduction u/s 80P(2)(d) on Rs. 94.12 lakh interest income earned from deposits in a co-operative bank. Tribunal affirmed ...

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

ITAT Bangalore ruled that a co-operative society can claim deduction under Section 57 for costs incurred in earning interest income from banks. Matter was sent back to AO for verification of ...

And he noted that Newark residents who work in another city, such as Columbus, receive a 1% credit because their income is ...

The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can ...

In the shutdown standoff over expiring Affordable Care Act tax credits, Democrats emphasize thousand-dollar premium increases ...

Republican Jack Ciattarelli and Democrat Mikie Sherrill — have released plans aimed at lowering costs for homeowners and ...

The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

Pike-Delta-York Local School District is seeking a 1.25% income tax for a continuing period of time, commencing on Jan. 1, 2027, for current expenses on the Nov. 4 ...