Much of the extra refund money next year will go to upper-income households, he said. That's largely due to a temporarily higher $40,000 deduction on state and local taxes, he said. That so-called ...
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising ...
Wondering if your ANCHOR rebate, IRS tax refund or stimulus check will arrive before Christmas? Here's how to track status by ...
The real reason for the increase is the “one big, beautiful” tax-and-spending law that kicked in retroactively for 2025. It ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
Bombay High Court held that grant of approval under section 153D of the Income Tax Act cannot be merely a ritualistic formality. Thus, proceedings u/s. 153A, based on approval u/s. 153D granted ...
The Court ruled that once a resolution plan is approved, prior tax liabilities are extinguished. Notices issued under Sections 148 and 142(1) for periods before approval were therefore ...
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