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Turnover at the top of IRS means fewer IRS agents, fewer audits and questions about implementing the new tax law ...

The Trump megabill delivers a trillion-dollar windfall to the richest 1% while stripping billions in federal funding from ...

Piloting the Income Tax Bill, 2025, in the Rajya Sabha, Finance Minister Nirmala Sitharaman said it does not impose any new ...

A green card holder living in China expressed his heartbreak over the tax liability on social media, sparking the Internet's ...

The Income Tax Bill 2025 aims to simplify tax laws and procedures, offering the middle-class taxpayers easier compliance, ...

The One Big Beautiful Bill, which has now been signed into law, is a piece of legislation with far reaching impacts. Our ...

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people ...

Government U-turns over winter fuel payments and welfare reform have left Chancellor Rachel Reeves with a multibillion-pound ...

After 9 years, a court of appeals ruling in July officially confirmed Mayo Clinic’s final victory over the IRS in a $11.5 ...

The CBO also estimated low-income Americans will lose about $1,200 per year due to Medicaid changes and reductions in food assistance.

In 2026, when the phantom tax goes into effect, however, the gambler will only be able to deduct 90% of their losses against ...