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Shah Rukh Khan, Thalapathy Vijay, Salman Khan in list of highest celebrity taxpayers: Fortune India

Fortune India's 'The Star Cast' list is based on advance tax payments by celebrities and places fil…

PTI   


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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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8 mins read

Exclusive: Hunter Biden's tax returns

Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …

Mattathias Schwartz   


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2 mins read

Mitt Romney introduces new plan to send most parents up to $350 monthly checks per kid

Romney wants a $10,000 income requirement for families to qualify for full direct payments. He's se…

Joseph Zeballos-Roig   


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A GOP senator wants to fix a big flaw in the child tax credit so it pays out more when prices rise

The plan from Sen. Chuck Grassley does not restructure the program into a monthly cash benefit like…

Joseph Zeballos-Roig   


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4 mins read

Juliana Kaplan   


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4 mins read

The IRS is wildly understaffed, and it could make for a hellish tax season

Between mountains of paper and tens of millions of backlogged phone calls, the IRS already has its …

Juliana Kaplan,Joseph Zeballo…   


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Monthly checks to parents aren't coming back any time soon with Democrats and Republicans miles apart on striking a deal

Democrats and the GOP strongly disagree on who should qualify for the program and how generous it s…

Joseph Zeballos-Roig   


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3.4 million more kids lived in poverty in February than last December, two months after a monthly check program to parents expired

Congress has shown no sign that it will revive the expanded child tax credit anytime soon. Sen. Joe…

Joseph Zeballos-Roig,Madison …   


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Sen. Michael Bennet pushes back against Joe Manchin, saying the US shouldn't be 'punishing workers' by cutting off monthly checks to parents

Manchin wants families to prove they have taxable earnings with a W-2. Some experts say that could …

Joseph Zeballos-Roig   


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3 mins read

IT department releases ITR 1 and ITR 4 offline forms ahead of time

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…

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5 mins read

Presumptive taxation: The scheme that eases burden on small businesses

Running a small business or a professional service can often involve a single person or a few peopl…

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4 mins read

Biden's monthly payments to families were a 'godsend.' Now that they've ended, parents are 'a little bit terrified' about what comes next.

The payments helped millions of families stay afloat. One mother said, It was "huge to just know th…

Madison Hoff,Joseph Zeballos-…   


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1 min read

Advance tax payment deadline for NE states extended to Dec 31: CBDT

As per section 208 of the I-T Act, every person whose estimated tax liability for the year is Rs 1…

PTI   


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3 mins read

Biden's child tax credit kept 3 million children out of poverty in just its first round of payments

If Biden's child allowance program gets extended, the US could see a 40% annual drop in child pover…

Madison Hoff   


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2 mins read

Ginni Thomas founded a nonprofit with funding from Harlan Crow weeks ahead of the Citizens United ruling to advance conservative causes

Thomas' lawyer filed paperwork to begin the process of establishing the nonprofit two months before…

Hannah Getahun   


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2 mins read

IRS chief says the agency on track to start monthly payments of the child tax credit in July

IRS chief Charles Rettig said parents will be able to sign up for direct payments in the next few m…

Joseph Zeballos-Roig   


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4 measures that provide extra cash for Americans in Biden stimulus law

Some parts of the $1.9 trillion Biden stimulus law could permanently strengthen the nation's social…

Joseph Zeballos-Roig   


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Democrats are set to release a $3,000-per-child direct benefit plan for families

The tentative plan, which is part of Biden's $1.9 trillion economic rescue package, would expand th…

John L. Dorman