A tax expenditure committee has recommended narrowing the tax gap between publicly traded and private limited companies. It ...

The state Supreme Court considers whether to kick off a ballot measure that would make it more difficult to raise California ...

As per the terms of IMF's $4.7 billion loan package, the NBR is pledge-bound to raise the tax-GDP ratio by 0.5 percentage points in the current fiscal year ...

On May 6, 2024, the Treasury Department published TD 9996, “Relief Provisions Respecting Timely Allocation of GST Exemption ...

It probably escaped your attention, but the Internal Revenue Service recently piloted a program to help Americans cope with ...

Over $400 million worth of employee retention tax credit claims have been withdrawn ... and giving a slight update on when the IRS will decide on the future of the Direct File program. On the ...

Core Revenue recorded at Rs 34.6Bn, up 1% YoY Q1 24 EBITDA recorded at Rs.13.5Bn, up 3% YoY EBITDA Margin reach 31.4% up 5.4pp Total Taxes Paid to GoSL Rs12.3Bn which included Rs4.3Bn in Direct and ...

In the midst of a political maelstrom, where the Congress and its cohorts spun tales of fiscal folly, data and facts reveal the real, upbeat picture. Contrary to their narratives set on various social ...

Top Democrats opposed the bill, even though it drew support from eight of 22 Democrats, and said that it won't pass in the Democratic-controlled House.Republicans said the bill was intended as a ...

The government pilot program, rolled out this tax season in 12 states, allows people with very simple W-2s to calculate and submit their returns directly to the IRS for free.

The IRS this year introduced a free tax-filing service for simple returns in a pilot program in 12 states, including Massachusetts and New Hampshire. A survey of users show widespread approval of ...

Phoenix, AZ – The 2024 tax season gave Arizona taxpayers a new way to file their returns through the Direct File pilot program, with an overwhelmingly positive response. The Arizona Department of ...