IRS has laid off 6,700 employees, with over 5,000 auditors and collection staff let go. This decision, coming in the middle ...

Section 115BBE of IT Act stands out as one of most harsh yet effective provisions targeting unexplained income. Designed to curb tax evasion and penalize unaccounted money and prevent misuse of ...

President Donald Trump has a skeptical stance on the Internal Revenue Service — and some people seem to be taking that as a ...

Michigan will pay out funds equaling $100 million from the 10% excise tax on recreational marijuana sales to 298 ...

The Immigration Assimilation Resources Fund would get 62% of the money. That would be distributed to Alabama counties in ...

Councils may use new visitor levies to fill financial black holes, tourist chiefs warn after Edinburgh brings in 5 per cent charge on overnight stays ...

Berkshire Hathaway paid one in every five dollars paid by American companies in tax in 2024, Chairman Warren Buffett said in ...