If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...

The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can ...

The CBDT extended tax audit and ITR filing deadlines to November 10 and December 10, 2025, respectively. However, taxpayers ...

The order came while disposing of petitions filed by the Jalandhar Income bar associations and several income tax ...

Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as ...

Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

The Federal Board of Revenue (FBR) on Thursday said that a record 5.9 million income tax returns had been filed ...

On remand from the Eighth Circuit and after the Supreme Court held in the case that the Sec. 6330(d)(1) period for filing a Tax Court petition for a review of a Collection Due Process determination is ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

My property taxes have ballooned 134% over my 20 years of homeownership. It seems like every year I grumble about another ...

ISLAMABAD: The Federal Board of Revenue has faced a widening shortfall in tax collection, recording Rs950 billion in October ...

Fast-moving consumer goods (FMCG) giant Hindustan Unilever, on Friday, 31 October 2025, announced that the company has received a ₹ 1,986 crore tax demand notice from the Mumbai Assistant Commission ...