The Federal Board of Revenue (FBR) has introduced a key update that provides tax exemptions for overseas Pakistanis, even if ...

It’s not going to be devastating, I don’t think, but it’s still a pretty good chunk of change,” Sheridan County Assessor Paul ...

But while tax-deferred accounts and tax-exempt accounts have some similarities, they are used for different purposes — and choosing one or the other can have big implications on your tax bill.

This regime's tax rates are lower than those of the old regime, but it phases out most of the exemptions and deductions. This means if you want to avail any of these exemptions, you must opt ...

The CBDT has announced that any financial assistance received by a taxpayer for Covid treatment will be totally tax-exempt. Those who have received financial support from their employers, friends for ...

There are plenty of reasons to buy bonds. Many investors are attracted to municipal bonds and U.S. Treasury bonds, in particular, for their tax-exempt status. "Individuals are always looking for a ...

The U.S. Treasury Department and the IRS have released proposed regulations to update the rules for certain tax professionals ...

This article explores landmark judgments on capital gain tax exemptions under Sections 54 and 54F of the Income Tax Act, ...

The National Taxpayer Advocate report detailed problems, including nearly 1.2 million employee retention credit claims that ...

The wildfire disasters in Los Angeles County prompted the Franchise Tax Board to push the state’s tax filing deadline to Oct.