ITAT Mumbai addresses a cooperative housing society's appeal, examining the disallowance of Section 80P deductions by CPC and clarifying the scope of permissible adjustments under Section 143(1)(a) of ...

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

There are just a few weeks left to tap federal programs that make purchasing an EV, heat pump, or solar panels more ...

President Donald Trump’s big bill phases out energy tax credits for developers and homeowners, significantly speeding up ...

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

The federal adoption tax credit for the 2025 tax year (taxes generally filed in 2026) is worth up to $17,280 (up from $16,810 ...

How American Expats Can Receive the Child Tax Credit and Additional Child Tax Credit Overseas Raising kids is one of life’s greatest rewards but yes, let’s be realistic, it’s expensive. […] ...

Tax Season launches today with the first batch of auto assessments rolling out. Here are all the changes taxpayers should ...

The budget mega-bill will likely make the Opportunity Zones and New Markets Tax Credit programs permanent. There’s good news ...

Millions of pensioners will get the Winter Fuel Payment this year following a government U-turn, provided their income is ...

Learn how Indian residents earning foreign income can claim Foreign Tax Credit (FTC) for FY 2024-25. Understand Form 67 submission, DTAA, and ...