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The Latest Breaking News from Income Tax

Joe Biden’s son Hunter charged with failing to pay income tax and illegally having weapon

It is understood he will plead guilty to misdemeanour tax offences and reach an agreement with prosecutors on the felony charge of illegally possessing a firearm

Manchester Evening News

Hunter Biden charged with failing to pay tax, gun crime

US President Joe Biden's son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon.

The New Daily

Hunter Biden plea deal: Republicans hit out at US president’s son over minor federal charges – as it happened

Hunter Biden will plead guilty to wilful failure to pay income tax; Kevin McCarthy and other Republicans speak out against plea deal

The Guardian - US

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Hunter Biden will plead guilty in a deal that likely avoids time behind bars in a tax and gun case

Hunter Biden, 52, will plead guilty to the misdemeanor tax offenses as part of an agreement made public Tuesday.

Chicago Sun-Times

Hunter Biden charged with failing to pay federal income tax and illegally having a weapon

President Joe Biden’s son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon and has reached an agreement with the Justice Department

The Independent UK

Power games: the anatomy of an arrest

Minister V. Senthilbalaji was questioned for 18 hours by the ED and when he complained of chest pain, was initially admitted to the Tamil Nadu Government Multi Super Speciality Hospital at Omandurar Government Estate in Chennai. He was later shifted to a private hospital in Chennai

The Hindu

650,000 people owed an average of €624 each in refund from Revenue

Revenue revealed that hundreds of thousands of extra people submitted an income tax return last year than the previous one

Irish Mirror

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Who Benefits From the Connecticut Tax Relief Bill?

A Connecticut tax relief package was signed into law this month. Here’s what’s included and who the tax changes might benefit.

Kiplinger

New calls for income tax on State Pension to be scrapped to stop 'penalising' people in retirement

The freezing of the Personal Allowance at £12,570 could see more pensioners paying tax this year.

Daily Record

Montana Tax Rebate Checks Up to $2,500 Coming in July

Montana tax rebate checks go out in July. Here’s how to find out if you are eligible for a payment — and how much you might get.

Kiplinger

New proposal to allow people to pay mortgage through their wages before tax deductions rejected

An online petition calling for the ‘salary sacrifice’ has received more than 25,2300 signatures of support.

Daily Record

Revealed: ‘Stealth tax raid’ to hit almost 5m healthcare workers with higher bills

Exclusive: The government’s decision to freeze income tax and national insurance thresholds will cost health workers an additional £1.5billion per year, analysis shows

The Independent UK

Families paying income tax or filing GST out of the ambit of ‘Gruha Lakshmi’

The Karnataka government on Tuesday issued guidelines for the Gruha Lakshmi scheme (monthly financial assistance of ₹2,000 for women), for the benefit of women who are identified as heads of families in Antyodaya, BPL or APL cards of the household. Among the eligibility criteria is that the woman or her…

The Hindu

As the U.S. expands work conditions for income assistance, Canada takes a different tack

Only days before a government default, United States President Joe Biden and House Speaker Kevin McCarthy reached an agreement to raise the country’s debt ceiling and avoid financial turmoil.

The Conversation

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Kiplinger

The NBA Finals and the 'Jock Tax'?

The NBA Finals, and other sporting events, are connected to taxes in a significant way.

The Independent UK

Rishi Sunak ‘wants to cut tax by 2p’ before general election

PM said to be keen on reviving his Tory leadership pledge to bring down income tax rate

Dublin Live

Cost of living: How renters can avail of €1,000 using rent tax credit

Thousands of renters are missing out on €1,000 as only 22,000 people have claimed the rent tax credit this year

Daily Record

More than 20,000 people support new proposals to pay mortgage through their wages before any deductions

The payments would come off before any tax or National Insurance was deducted, similar to workplace pensions.

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Kiplinger

New Mexico Rebate Checks Up to $1,000 Coming in June

New Mexico rebate checks will be sent soon. Here's what you should know.

Kiplinger

Retirement Planning with Life Insurance

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Kiplinger

What It Really Costs to Be Middle-Class

Is being middle-class worth it? You be the judge, but here’s what the numbers say.

Kiplinger

States With Low and No Capital Gains Tax

Low-tax states, including states with no capital gains tax, are selling points for many people.

The Hindu

8 persons arrested for ‘deliberate’ attack on Income Tax officials

The Director of Income Tax (investigation) Sivasankaran on Sunday, May 28, said the attack on I-T Department officials, allegedly by the DMK workers and the supporters of Minister for Electricity, Excise and Prohibition V. Senthilbalaji in Karur two days ago, was “deliberate”. The I-T Department officials would not be scared…

The Hindu

I-T department to conduct scrutiny where assessees failed to respond to taxmen's notices

The Income Tax department has come out with guidelines for selection of cases for scrutiny, under which cases wherein assessees have not responded to I-T notices will be picked up for compulsory examination

The Hindu

Income Tax officials face attack during searches on the premises of Senthilbalaji’s brother

Four senior I-T officials, including Inspector of Income Tax Gayathiri, were admitted to the Government Medical College Hospital in Karur.

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