Munish Moudgil directed BBMP zonal officers to prioritize property tax collection, with a target of Rs 5,210 crore for 2024-25. Currently, Rs 4,604 crore has been collected. Starting April 1 ...

Such powers should however be complemented by adequate safeguards for taxpayers. This note focuses on the key issues that should be taken into consideration in designing tax law provisions to support ...

How a simple error on a state income tax return triggered a Detroit income tax bill for thousands of dollars for Northville couple.

In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties ...

In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties ...

If you own a lot of stock, does that mean you’ll owe a lot of taxes? The answer is a bit complicated, but it comes down to this: only when you sell. You pay taxes on the profit from selling stock.

My tax situation has always been just complicated enough that I never seemed to qualify for free tax filing: Freelance income, home sales, itemizing my return to claim the mortgage interest ...

Taxes, for example, are still a part of life, even in retirement, and if you aren't compliant with federal tax law, the Internal Revenue Service (IRS) can take a portion of your Social Security to ...

Teresa Giudice is in tax trouble … again. The “Real Housewives of New Jersey” star owes $303,889.20 in tax liens, according to documents obtained by Page Six on Tuesday. Additionally ...

10 of every next dollar earned will be taken as tax. However, note that while the marginal rate in the example above is 22%, the effective tax rate is 16.1%. This figure is arrived at by dividing ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

Warren Buffett, the renowned billionaire investor and CEO of Berkshire Hathaway Inc. (BRK.A), has long been a vocal advocate for tax equity, emphasizing that the wealthy and large corporations ...