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FEDERAL TAX CODE
IRS tax 'gifts' for investors. How to claim benefits?Wall Street investors assume that selling a winning stock always triggers a tax bill. However, for those in the lower income brackets (up t...
How America's crypto firms, wealthy corporations are benefitting under the Trump administration. Inside secret giveawaysThe Trump administration has reportedly issued under-the-radar tax breaks to wealthy corporations, including private equity and crypto firm...
The tax bill’s private school loophole would make DOGE cryA Senate-passed budget bill provision aims to expand private school access through tax credits for donations to scholarship organizations. ...
The free filing IRS software TurboTax wanted to kill is now open source for all Americans - know all detailsIRS Direct File software just took a bold step forward—its code is now open source on GitHub, even as the future of the free tax filing too...
No Tax for Americans? Here's what Donald Trump's new tax break means for taxpayers in USA?No Tax on Tips Act has been passed by the USA senate. However, there is a hurdle before it would be effective.
Massive Treasury error: DOGE blows the whistle, uncovers $4.7 trillion mystery in payments that lack traceabilityThe Department of Government Efficiency (DOGE) uncovered that $4.7 trillion in payments were missing a critical Treasury Account Symbol (TA...
Elon Musk fires major salvo, calls for tax changes as Donald Trump nears his second presidencyWith Donald Trump coming to power on January 20 after Joe Biden's term ends, Elon Musk has risen to the occasion to demand for major tax ch...
Gaming companies, groups in huddle over code of conduct for allIn December 2023, all these associations came together to sign the voluntary code of ethics with a proposal that the signatories would act ...
Federal tax-extension deadline today; Here’s what you need to do if you missed itIf you miss the deadline, you could face two IRS penalties.
Fast-track labour codes: India IncThe CII is in talks with officials of the labour ministry at the Centre as well as states. "The codes ensure substantial reforms towards ea...
Amazon CEO Jeff Bezos, stung by wide criticism, endorses U.S. corporate tax hike"We support the Biden Administration’s focus on making bold investments in American infrastructure," Bezos said in a blog post. "We recogni...
Perfect recipe for mega selloff was in the making, says Madhav DharA sudden fall in the market is not the knee-jerk reaction to any global event.
Mitch McConnell says hasn’t given up on tax plan being revenue neutral“Actually we’re not, because that’s a rather conservative estimate of how much growth you’ll get out of this pro-growth tax reform,” McConn...
Levy 1.25% GST on jewellery sector: GJF urges governmentOver the past few months, the GJF has met Jaitley, Revenue Secretary, finance ministers of more than 15 states, VAT & GST commissioners, to...
- New DTC brings relief to jewellers
The revised Direct Tax Code (DTC) has removed a clause that gave wide powers to investigating officers conducting raids on jewellers, thus ...
- FGI supports demand for rewriting direct tax code
Federation of Gujarat Industries (FGI) here has supported the demand for rewriting the Direct Tax Code (DTC) and do away with changes sugge...
- Most companies in US avoid federal income taxes
Unlike the typical American citizen, most U.S. corporations and foreign companies doing business in the United States pay no federal income...