The Income Tax Department clarified that claiming HRA exemption does not guarantee significant tax savings. Benefits depend ...

Plus: Tax-harvesting, Mega backdoor Roth accounts, the IRS budget takes a hit, employer-funded tax breaks, common law ...

Income Tax Department outlines new penalty framework for AY 2026-27, with misreporting fines up to 200%, guiding taxpayers on ...

The traditional income tax levy proposed by Lexington Local Schools would generate more than $9 million in its first year, officials estimate.

As a traveller, when we think of important travel documents, a passport and a boarding pass are all that seem important. That ...

Michigan tax professional group states it is working with the Michigan Treasury to resolve an issue involving some troubling ...

Still waiting on your Georgia surplus income tax rebate? We've taken a deep dive in everything you need to know.

Washingtons income tax debate continues to intensify as new arguments emerge over its real impact on taxpayers, businesses, ...

More than 21,000 borrowers just got their federal student loans forgiven through income-driven repayment plans. But trouble ...

Plus: Tax breaks for weed companies, the last wrestling weekend at a historic club and more news you need to know.

Rachel Carr Shreves and Crystal Howard of Spencer Fane discuss the proposed federal rescheduling of cannabis to Schedule III ...

Officials weren’t thrilled last year to learn CT has a nearly $3 billion difference between taxes owed to the state and ...