Income Tax

The government just announced a modification to Tax refunds, which might result in an extra $1,000 in your wallet. This rebate is part of a stimulus package aimed at providing financial relief to eligible citizens during these…

The Labour Party has proposed a Private School Tax, aiming to address socioeconomic disparities in education.  The proposal has sparked widespread debate, with proponents asserting that it could level the playing field and critics…

A former contractor for the IRS accused of leaking tax data related to former President Donald Trump has indicated plans to enter a guilty plea in the coming days.  This development follows a high-profile incident that raised serious…

In January, the US Treasury Department will introduce a $7,500 point-of-sale rebate to boost electric vehicle (EV) adoption and cut carbon emissions. This initiative is aimed at incentivizing more Americans to opt for cleaner and…

As October kicks off, taxpayers across the nation are eager to take advantage of a unique opportunity to secure a $400 tax rebate.  This rebate initiative, part of the government's economic stimulus plan, aims to inject funds into…

Recent Supreme Court tax cases could significantly impact the regulatory landscape, affecting individuals, businesses, and the government. The Supreme Court's decisions on tax matters can set new legal precedents, clarify existing laws,…

Maryland Congressional leaders ask the IRS to remove tax penalties on educational savings accounts in order to reduce the financial burden on those who own college trust accounts. College trust accounts, such as 529 plans, are widely…

Tax authorities have announced an extension of tax deadlines, providing both corporate and personal taxpayers with additional time to meet their tax obligations.  This decision comes amidst the ongoing challenges posed by the global…