CESTAT Kolkata held that payment received towards Licensing Fee from mobile towers cannot be considered as 'rent' to fall within the definition of 'renting of immovable property'. Accordingly, service ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...

A property tax case heard by the Indiana Supreme Court this week could have a huge impact on local government and school ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

Kansas income tax rates might provide relief to some taxpayers with higher incomes. That's because the highest state income tax rate is 5.7% for 2025.

Tax deductions are subtracted from your taxable income, thereby lowering the amount of tax you owe. You can choose the standard deduction or itemize your deductions on Schedule A of Form 1040 or ...

Some US restaurants and servers oppose Republicans’ ‘no tax on tips’ budget proposal They say it would help too few people and obscure bigger issues in the way tipped workers are paid.