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 ...

Tx., previously told Semafor that the accounts would help children in the U.S. "begin the journey of savings and benefit from ...

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

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 ...

House Republicans have come under pressure to pass tax reform, which Trump pledged to do during the campaign. The MAGA account is a tax-advantaged account that can be opened for children aged ...