President Trump has indicated he’d like to do away with the federal income tax, replacing it with tariffs and other taxes on ...

In 2022, roughly 5.8% of returns claimed the retirement savings contributions credit, or saver's credit, a tax break for low- ...

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

In the proposed new tax regime, annual income up to Rs 12,75,000 for salaried-class individuals are tax-free. But the ...

Trump says his planned tariffs on imported goods would help balance out the loss of federal income tax revenues, but it’s unclear if the tariffs would totally make up for the losses. The U.S. Treasury ...

By encouraging structured contributions, the Income Tax Bill 2025 represent a significant step towards ensuring financial ...

This ambitious reform seeks to modernise India’s tax framework, enhance compliance, and streamline existing laws by ...

A weakened IRS translates to fewer audits, fewer compliance checks and, ultimately, more lost revenue. That revenue shortfall ...

Four Republican senators voted against the final measure because it raised the gasoline tax, something they viewed as going ...

The child tax credit and an expanded earned income tax credit is expected to put more money back into filers' wallets.

Joseph Bankman is the Ralph M. Parsons professor of law and business at Stanford Law School. Mark P. Gergen is the Robert and ...