The future of federal taxes and the IRS is unclear for many reasons under the second administration of President Donald Trump ...

Aimed at overhauling the nation’s tax system, the Income Tax Bill 2025 seeks to eliminate obsolete sections that have ...

The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...

As media sources continue to report looming layoffs within the IRS workforce, many Americans question how the cuts could impact the 2025 tax season underway.

The New Income Tax Bill—or the new direct tax code—is part of the Narendra Modi administration’s ambitious goal of ...

The language used in the Bill at many places is extremely lucid and is reader friendly as it has tables and formulas as ...

New tax law was signed by Gov. Mark Dayton into law Friday, just hours after it passed in the Minnesota House and Senate. The ...

India has too many tax disputes, but a new income tax law might help fix that. Imagine trying to use a 60-year-old rulebook to solve today’s problems. That’s what India’s current income tax ...

After hosting the required number of public hearings, the Richmond County Board of Education voted Tuesday to opt out of a ...

especially for a new taxpayer who had to keep track of the ‘previous year’, ‘assessment year’ as well as ‘financial year’. The official also said that the readability of tax law has ...

The proposed bill does not change tax rates. Instead, it focuses on three key improvements: simplifying language for better ...

The new Income Tax Bill refines tax law by enhancing clarity, reducing complexity, and improving compliance mechanisms. While ...