Proposition 17 would allow the state to provide a property tax exemption for value gained through increasing border security ...

The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

Rachel Reeves has been urged by a thinktank to cut national insurance and increase income tax to create a "level playing field" and protect workers' pay. The Resolution Foundation said the chancellor ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, and 3CB. Late submissions may incur penalties. Recent amendments to Form 3CD, ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

With a background in financial journalism across national titles, Ruby loves helping people take control of their money and specialises in pensions, tax, banking and benefits. Taxpayers are being ...

Delays in tax refunds are avoidable with proper documentation and timely compliance. Many taxpayers have taken to social media to express frustration over delayed income tax refunds. Despite the ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

ITR Due Date Extension LIVE: The Income Tax Department has extended the ITR filing deadline by a day amid complaints that the income tax portal is not working. India's Income Tax Department has ...