The Income Tax Department has released ITR-2 and ITR-3 Excel utilities for FY 2024-25, enabling taxpayers with capital gains and business income to file returns before the September deadline.

The IRS commissioner hinted that Direct File, which offers free tax filing with the IRS, won't be an option next filing ...

North Canton voters Tuesday approved hiking the city's income tax rate by 0.5% to 2%. Here's what city leaders are saying.

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips entirely.

Zohran Mamdani, a democratic socialist, is a leading candidate for mayor of New York. He wants to tax the rich. Business interests are panicking.

The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that should lower their tax bills.

Broadway Tax Credit Program Runs Out of Money The $400 million NYC Musical and Theatrical Production Tax Credit is expected to allocate all remaining funds by October.

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct tip income from their federal taxable income, up to $25,000 annually.

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and Medicaid cuts.

During a press conference held by the New York Democratic Delegation yesterday, Congressman Dan Goldman delivers fiery remarks lambasting Donald Trump and his "one big beautiful bill," which aims ...

Statewide View: Keep private foundation tax hike out of 'Big Beautiful Bill' From the column: "“The people of Minnesota need to be able to keep more of their hard-earned dollars. … ...

The GOP’s tax and policy bill Our weekly podcast on democracy in America. This week, we look at the “One Big, Beautiful Bill act” and how it will affect President Trump’s supporters.