Nixon plotted to use the IRS to target his political enemies. Congress passed a statute to prevent that.

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of ...

Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

On May 12, the House Ways and Means Committee released its draft portions of “The One Big Beautiful Bill,” the expected tax ...

TPC found that, on average, all income groups would benefit from the tax proposals. But more than two-thirds of the tax cuts ...

A proposal by Republicans in Congress would allow President Donald Trump's administration to remove the tax-exempt status of ...

Mumbai, on April 17, 2025, held that long-term capital gains (LTCG) tax exemption under Section 54 cannot be denied by the ...

Michigan lawmakers discussed the mechanics of a tax exemption that would put fetuses on par with children when claiming ...

A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union ...

State Rep. Gina Johnsen wants to help pregnant moms afford out-of-pocket medical expenses, such as doctor visits and prenatal vitamins.

Missouri is poised to become the first state to repeal a common tax on profits from stocks and real estate sales.

Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued Notification No. 47/2025-Income Tax dated 13th May 2025, granting tax exemption to the Telangana State Pollution Control ...