News

Top Maryland officials are partnering with a nonprofit research organization to plan a campaign encouraging all eligible ...
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that should lower their tax bills.
Trump’s signature legislation brings back bonus depreciation, expands SALT deduction and tips tax break, while ending clean ...
Trump's Big Beautiful Bill may take away healthcare cover for thousands of Indians in the US, but it will help Indian-Americans save big. An interactive White House map shows savings for individuals ...
Nevada has more than twice as many tipped workers as other states so it could reap the most benefit from new Trump-backed law ...
It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.
Hundreds of thousands of self-employed people are expected to be affected when the changes are implemented in 2026 ...
Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.
On July 4, 2025, the federal government enacted H.R. 1, “An Act to provide for reconciliation” which is popularly known as ...
A parliamentary panel has suggested time-bound resolution of tax litigations as part of its 285 recommendations on the Income Tax Bill, 2025. The bill, aimed at simplifying and modernizing tax laws, ...
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ ...
The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.