The Tax Cuts and Jobs Act of 2017 needs Congressional approval to extend. Here's what happens if it doesn't happen.

House Republicans are starting to put some meat on the bones of their sweeping tax and spending cuts package, otherwise known ...

U.S. risks losing its innovative edge due to expired provisions of Tax Cuts and Jobs Act. Renewing immediate R&D expensing is crucial for fostering innovation.

As a major element of the federal government’s antipoverty efforts, the earned income tax credit has come a long way in its half-century.

"In the coming weeks and months, we will pass the largest tax cuts in American history," Trump said on Tuesday.

IRS and Department of Homeland Security officials have been working for weeks to hammer out an arrangement under which immigration authorities could ask the tax agency for information on ...

So why did we institute an income tax? Were there any humans who knew what ... President Herbert Hoover signed into law the Smoot-Hawley Tariff Act, significantly raising taxes on imported goods ...

Next, a slightly complicated component known as rebate, which falls under Section 87A of the Income Tax Act. Income Tax Department issues notices to taxpayers over non deduction of TDS on rent of ...

Kunal Savani, Partner, Cyril Amarchand Mangaldas, explains what Note 2 means. He says: "While the Note 2 refers to Section 158BB(1A)(c)(i) of the Indian Income Tax Act, 1961, it specifically addresses ...

The Income Tax Department allows senior citizens above a certain age to not file an income tax return provided they meet specific conditions under the Income Tax Act, 1961. The Income Tax Return ...

AND ACTUALLY, ONE OF THE BILLS TODAY INCLUDES ONE OF THE GOVERNOR’S PRIORITIES A PATH TO ZERO INCOME TAX. 80% OF THE HOUSE OF REPRESENTATIVES APPROVED OF HOUSE BILL 1539 EARLIER THIS SESSION. MONDAY, ...

Now, you may be receiving your first paychecks and noticing tax withholdings on them. So when do you have to start filing taxes yourself? The answer depends on factors like your income and ...