The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Income tax thresholds will be frozen by Ms Reeves, a change which will result in 780,000 more basic-rate, 920,000 more higher ...

Examines the U.S. Tax Court case involving microcaptive in Patel v. CIR, 165 T.C. 10 (Nov. 12, 2025) where the 40% penalties were assessed.

The 2025 Federal Budget (Budget 2025) introduced a number of business income tax measures aimed at stimulating investment and accelerating ...

Tribunal held that delay in submitting Form 10B is curable, allowing trust to claim income application under Section 11(1)(a) as it was filed prior to completion of assessment ...

Rachel Reeves’ Budget raises taxes by £26bn, taking the burden to an all-time high of 38 per cent of GDP by the end of the ...

The judgment highlights that GST penalties require proof of intent to evade tax; mere technical lapses, such as e-way bill expiry due to traffic restrictions, are ...

British racing is spared a tax rise on betting on the sport which it feared could lead to thousands of job losses.

The chancellor says she has rejected austerity and "reckless borrowing" - but Tory leader Kemi Badenoch accuses her of having ...

The latest open enrollment period began Nov. 1 and concludes Jan. 15, 2026. Enhanced ACA tax credits that provided a reported ...

Ohioans might pay $3 billion less in property taxes over the next three years because of a historic and sweeping set of bills ...