House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump ...

One item is a “longstanding priority for the AICPA and the tax profession,” a news release said. The AICPA cited the “potential detrimental impact” of other provisions.

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

ITAT Kolkata held that CIT (A) accepted additional evidence and allowed the relief u/s. 10 (26AAA) of the Income Tax Act without allowing an opportunity of being heard to AO. Therefore, the order of ...

Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi, has ordered a full refund of Rs. 107,56,07,95 ...

DEX users contributing to liquidity pools by supplying cryptos are often rewarded with portions of transaction fees as income ... nature of the blockchain ledger means that no information can ...

The tax bill that advanced from the House Ways and Means Committee devotes a portion of provisions to broader rules on health ...

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do, ...

Key Points ・The House Ways and Means Committee passed their budget bill, with several changes and updates to higher education ...

GOP tax reform extends TCJA benefits, cuts estate tax, and boosts business deductions—measures that largely favor ...

The tax portion of the legislation, which the House Ways and Means Committee approved on Wednesday, makes permanent essentially all of the individual income ... year if the provisions are allowed ...