The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

North Canton on July 14 -- as it promised in exchange for voters approving an income tax hike -- repealed two fire and EMS ...

The proportion of pensioners who are likely to have to pay income tax on their retirement income this year has been estimated ...

These rackets are operated by certain people who prepare income tax returns and intermediaries who file them, said an ...

The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, ...

Income Tax Department's crackdown on fraudulent tax claims reveals misuse of deductions and exemptions under various sections ...

Helen Morrissey, who leads retirement analysis at Hargreaves Lansdown, has warned that many more retirees will find ...

If you want to buy rooftop solar panels or a home battery for backup power, you’ll need to have them installed this year to ...

"Estimates vary" about the impact of imposing an extra levy on the super-rich wealth, said The i Paper, but economists are in ...

If you're wondering whether filing your Income Tax Return (ITR) early will result in a quicker refund, you're not alone. Many taxpayers assume that early filing guarantees faster processing and ...

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...