ITAT Chennai held that where unaccounted purchases are found and the corresponding sales are not doubted, only the profit element embedded in such purchases can be brought to tax, and not the entire ...
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 tribunal examined whether an appeal could be dismissed as time-barred without giving the assessee an opportunity to be heard. It held that denial of hearing violated principles of natural justice ...
The state of New Jersey has implemented what appears to be a last-ditch effort to prevent seniors from leaving the state: ...
California Democrats are split over a state proposal, championed by Sen. Bernie Sanders (I-Vt.), to tax the state’s richest residents ahead of the November midterm elections, potentially thwarting any ...
Enhanced premium subsidies for Affordable Care Act marketplace health insurance expired at the end of 2025. About 22 million people received those enhanced premium tax credits last year, more than 90% ...
4don MSNOpinion
Editorial: Delete the SAVE Act
A bill to require proof of citizenship would inconvenience voters - and disenfranchise some - to solve a virtually ...
The proposed regulations explain how to open the accounts, who can request the federal $1,000 pilot contribution, and how the ...
A “tax the rich” labor leader from First Hill will take on arguably the most politically powerful — and experienced — ...
Napa County has gradually improved the pavement condition of its roads over the past few years, but more funding is needed to bring the system out of a deferred maintenance hole. One way to raise ...
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 ...
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