Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.

The IRS is latest federal agency under review by Elon Musk’s cost-cutting group.

If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...

Company delivers 96th consecutive quarter of topline growthFourth quarter 2024 revenue grew 18% and recurring revenue grew 19% from the fourth ...

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

The disability tax credit (DTC) is a non-refundable tax credit that helps people with disabilities, or their supporting family member, reduce the amount of income tax they may have to pay. If you have ...

HighlightsTotal revenue of $1.66 billion, up 17% year over yearProduct revenue of $574 million, up 18% year over yearBillings ...

Those earning up to Rs 12 lakh annually won't have to pay any income tax under the new regime. Add to it the standard deduction of Rs 75,000 and taxpayers with up to Rs 12.75 lakh annual income ...

There will be no tax burden on up to Rs 12 lakh annual income, except special income. The revised slabs will benefit those earning more than that from the next financial year. People on social ...

Finance Minister Nirmala Sitharaman said that a new income tax bill will be announced next week. The bill would reflect the government’s decade-long efforts focused on enhancing taxpayer convenience.

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...