Nonprofit hospitals' tax exemptions have come under scrutiny by lawmakers and researchers. A JAMA study breaks down their tax ...

Bombay High Court held that bonafide delay on the part of the Chartered Accountant in filing Return could not be a ground to ...

Self-assessment taxpayers filing a paper return have just two weeks remaining until the deadline of 31 October. But don't ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...

While Jared Kushner moved to D.C. to advise then President Trump, his family’s real estate business prospered—it's now more ...

While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...

In a message on social media platform X, CBDT said the due date for assessees of Section 139 has been extended from October ...

Unaltered behavior; playing chicken; out on a rail; and other highlights of recent tax cases. Private equity firm Further ...

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...