ITAT Mumbai grants Vishwaroop Infotech partial relief on unrealized rent and Section 14A disallowance, highlighting commercial expediency and proper expense ...

President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax ...

ITAT Jabalpur rules on excess stock as undisclosed income and sets tax rates for survey income and cash credits, citing Vatika Township ...

OXLC’s RIC structure forces high payouts but erodes NAV, making long-term buy-and-hold strategies risky and often ...

New Income Tax slabs FY 2023-24: Taxpayers are allowed to claim three deductions under the New Income Tax regime. The New Income Tax regime will also be the default option, starting financial year ...

President Donald Trump signed a comprehensive budget reconciliation bill into law, loosening rules around health savings accounts (HSAs), extending telehealth relief, and providing additional income ...

The Income Tax Calculator is an easy-to-use online tool that helps you calculate your tax liabilities based on your income details. This tax calculator allows you to compare tax liability for FY ...

Money collected through crowdfunding campaigns can be considered nontaxable if it meets the IRS' definition of a gift.

Forbes Advisor's Mortgage Calculator uses home price, down payment and other loan details to give you an estimate calculation on your monthly mortgage payments.

Here are key points to keep in mind: The "no tax on tips" provision is structured as a temporary deduction (2025-2028), not a full exclusion of tips from taxable income.