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.
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PM orders review of high tax rates

Prime Minister Shehbaz Sharif has instructed a review of the possibility of reducing higher rates of income and sales tax to stop capital and human flight, as despite putting the maximum burden, the ...
If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...
LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.
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 ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
IRS Finalizes Rules After Public Feedback Self Employed There's one clear sign you should look out for. • A creamy yellow ...
Federal filing relief is now available for individuals and businesses in the Sisseton-Wahpeton Oyate Tribal Nation affected by severe storms and flooding that began on June 12, 2025. These taxpayers ...
See Trump rebate eligibility, inflation checks status, IRS where's my refund direct deposit payment, track social security ...
The IRS delays key payroll and withholding updates, giving taxpayers and employers a temporary break before new rules arrive ...
Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as ...
Fast-moving consumer goods (FMCG) giant Hindustan Unilever, on Friday, 31 October 2025, announced that the company has ...