ITAT Indore held that addition under section 68 of the Income Tax Act, after rejection of books of accounts under section 145, by the AO is not justifiable in law. Accordingly, AO is directed to ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

COAS Books has its roots in New Mexican history – it was born from an archeological publisher. Today, the family-owned store is full of 'hidden gems.' ...

Tax brackets with millionaires got tax cuts of less than 6%, less than one-third of percentage cuts received by tax filers earning less than $50,000, a Heartland Institute study says.

Whether you're a new parent or have children in college, there are key tax breaks that can help boost your savings.

Buffalo Acting Mayor Chris Scanlon’s proposed budget outlines plans to fill a projected $70 million budget deficit for the ...

LA City Librarian John Szabo and American Library Association president Cindy Hohl discuss the state of our libraries.

President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections.

LINCOLN, Neb. (WOWT) - Nebraska lawmakers are working to eliminate a large budget shortfall of -$289 million. LB 650 looks to tackle some of that hefty figure. If passed, the bill would sunset 12 ...

This case involves an appeal by the Principal Commissioner of Income Tax (PCIT) against an order by the Income Tax Appellate ...

When I was five and got my own library card, I enjoyed being entrusted with grown-up responsibility as much as I enjoyed the ...

Whether you're a new parent or have children in college, there are key tax breaks that can help boost your savings.