Fortunately, there are some valuable tax breaks for retirees when they file their annual returns.  Whether it’s Social Security, portfolio income (like dividends, interest and capital gains), or ...

As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.” In a letter to ...

Finance Minister Nirmala Sitharaman announced on Saturday that GST rates will come down further and that the process of rationalising tax rates and slabs has "almost reached a finale." With the ...

Enrolled agents (EAs) are federally licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS. EAs must pass a comprehensive examination ...

GST registration: New advisory by Goods and Services Tax Network (GSTN) dated March 3, 2025 says additional facility allowing certain Promoters/Directors to complete their Biometric Authentication at ...

Search and Seizure in GST and Income Tax: Key Difference and How to Handle Them Successfully!! In the realm of Indian taxation, “Search and Seizure”—popularly known as “raids”—are powerful enforcement ...

Summary: In its 55th meeting, the GST Council approved a tax rate increase on old and used vehicles from 12% to a uniform 18%, effective January 16, 2025. This includes two-wheelers, three-wheelers, ...

SINGAPORE: Singaporeans' concerns over the rising cost of living go "far beyond" the Goods and Services Tax (GST), said Prime Minister Lawrence Wong on Monday (Mar 3) as he reiterated the reasons ...