Estimated taxes are due quarterly, usually on the 15th day of April, June, September and January of the following year. One ...

The 67 page Bombay High Court judgement says yes taxpayers should be given the option to file their ITR with Section 87A ...

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown ...

Carrie Underwood probably had a vision of how her version of “America the Beautiful” would be received after accepting Donald ...

According to the Burr Law Office, you can declare bankruptcy to potentially wipe out tax debt but only on debt that is at ...

On appeal CIT (A) held that disallowance u/s 10AA can be made only when the total income is enhanced by the AO or TPO. Co-ordinate bench has already decided this issue for AY 2014-15 and disallowance ...

ITAT Ahmedabad held that provisions of Sick Industrial Companies Act [SICA] would override the provisions of Income Tax Act. Thus, set off of business loss granted on the basis of Board for Industrial ...

Losing a portion of that money to taxes hurts seniors who don’t have a lot of retirement income to live on. And so as part of his campaign, President-elect Trump pledged to get rid of taxes on ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Sen. Ted Cruz introduced a bill that would eliminate income taxes on tipped wages. The bill would allow for a 100% deduction on cash tips up to $25,000 The tax cut extends to those who work a job ...

Median household income was $80,610 in 2023 ... The estimated payment for 2024 assumes a 7% mortgage rate and a 10% down payment (tax and insurance are excluded). The estimated payment for ...

Between 2005 and 2014, Melton filed accurate income tax returns with the Treasury Department ... To avoid losing his home, Melton filed for Chapter 11 bankruptcy in 2017.