The Latest Breaking News from Income Tax

Disclaimers, good communication, post-marital agreements and more could help avoid conflict in a family after the owners of a wealthy estate pass away.

There are many pervasive myths about the U.S. tax code. Here are a few.

Sitaram Yechury campaigns for Left candidate in Kannur, discusses BJP narrative and CPI(M) prospects in elections.

Excise Department raid in Dharwad uncovers crores in cash stored illegally, prompting investigation by Income Tax Department.

President Biden and first lady Jill Biden release 2023 tax returns, showing income, taxes paid, and charitable contributions.

Communist Party of India (Marxist) [CPI(M)] general secretary Sitaram Yechury has written to Chief Election Commissioner Rajiv Kumar stating that the income tax notice served on the bank account of the party’s Thrissur district committee when the election process has begun is “violative” of a level playing field.

Tax Day means some people need to mail their federal income tax returns.

A day after Income Tax Department Officials raided the Bidar District Central Cooperative (DCC) bank, headed by Forest Minister Eshwar Khandre’s brother Amar Khandre in Bidar, the Minister alleged that the raid was “politically motivated”.

The district election officials have seized ₹1 crore from the house of a panchayat president on Friday night and intimated the Income Tax department about the same

The situation is more dire when you consider how much federal spending is financed by debt.

April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on track with last year's, while the average refund is slightly larger.