News

What the Trump Tax Plan Could Mean for High Earners
The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
The Decatur Daily9d
What Trump’s tax cut bill could mean for Alabama
WASHINGTON — Alabama’s congressional delegation split along party lines in voting on President Donald Trump’s “big, beautiful ...
Institute on Taxation and Economic Policy9d
Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
House Republicans pass $4 trillion tax cut out of committee as members debate SALT cap
The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting that lasted more than 17 hours.
Fox News1mon
Trump says income tax cuts, and perhaps elimination, coming due to tariffs
"And it's possible we'll do a complete tax cut, because I think the tariffs will be enough to cut all of the income tax," he noted. The president indicated Americans will be given "a tremendous ...
Indiatimes1mon
New Tax Bill 2025: No Nil TDS certificate for all taxpayers including NRIs; What does it mean for Indians and NRIs?
New Tax Bill 2025: No Nil TDS certificate for all taxpayers including NRIs; What does it mean for Indians and NRIs ... it is there in existing section 197 of the Income Tax Act, 1961. Further, the ...
This is Money2mon
Millions face paying back some of their state pension to HMRC in a stealth tax raid. Here, our money experts explain what you need to know... and what do to about it
Millions of retirees whose only income is the state pension will soon be forced to hand money back to the taxman as part of a stealth tax raid. A bizarre tax cliff edge will mean those who receive ...
The Clarion-Ledger2mon
Mississippi governor signs income tax elimination bill. How are you affected?
Mississippi Governor Tate Reeves signed the "Build Up Mississippi Act" into law, marking the largest tax cut in state history. The bill includes a phased elimination of the state income tax ...
Hindustan Times2mon
How to file Income Tax Returns without a CA: A simple guide
As the financial year 2024-25 concludes, numerous taxpayers may be considering whether they can file their Income Tax Returns (ITR) independently, without seeking the help of Chartered Accountants ...
The Week2mon
The new Income Tax Bill makes things simple, but there are concerns
The bill has made many things simple ... tax developments are some of the key expectations of the tax payer's community that were not addressed," said Gandhi. Experts at Trilegal also pointed out ...
Business Standard2mon
Income Tax Bill: Lok Sabha panel weighs expanding 'accountant' definition
The highlight of the two meetings of the select committee of the Lok Sabha, tasked with examining the Income Tax Bill, 2025, has been suggestions that the panel could recommend expanding the ...
The Hindu2mon
Include ‘cost accountant’ in definition of ‘accountant’ in Income Tax Bill 2025, says ICMAI
The Institute of Cost Accountants of India (ICMAI)-Hyderabad chapter has urged the Central government to include cost accountant in the definition of ‘accountant’ in the Income Tax Bill 2025 ...