ITAT held that the appellate authority wrongly dismissed the appeal under Section 249(4)(b) as there was no advance tax liability under Section 209. The matter was remanded for fresh adjudication on ...

The Tribunal held that once the High Court quashed the reassessment for being based on a change of opinion, the additions made in those proceedings could not ...

A major labor union is working to put a new wealth tax proposal in front of Californians in November. But the proposal would only actually impact a small few — billionaires. The California Billionaire ...

The state of New Jersey has implemented what appears to be a last-ditch effort to prevent seniors from leaving the state: ...

A bill to require proof of citizenship would inconvenience voters - and disenfranchise some - to solve a virtually ...

A “tax the rich” labor leader from First Hill will take on arguably the most politically powerful — and experienced — ...

The proposed regulations explain how to open the accounts, who can request the federal $1,000 pilot contribution, and how the ...

The SAVE America Act would burden if not disenfranchise tens of millions of Americans leading up to the midterms. And Trump admitted that it’s all to keep Republicans in power.

Many Americans could receive higher tax returns this season thanks to changes in tax law under Trump's One Big Beautiful Bill Act. Auto industry experts anticipate that some buyers, who have been ...

Inherited IRA tax rules: Recent IRS changes mandate beneficiaries to empty inherited IRAs within 10 years, with exceptions for certain individuals. Failing to take Required Minimum Distributions (RMDs ...

Republican Senator John Cornyn got a firsthand lesson in why the SAVE Act, backed by President Donald Trump, would suppress ...

President Trump, in a rally-like speech in Kentucky, stressed familiar talking points on the economy, highlighting tax cuts and economic growth. He also boasted about the stock market, which has ...