The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

In banding together to ask voters to turn down Ballot Issue 2A, a consortium of condotels and other Vail businesses that are reliant on tourists is making an existential pitch in Vail. Condotels are ...

Top five changes in income tax audit form 3CD for AY 2025-26; Check details Who can file the income tax return using the ITR-5 form? Any taxpayer who is not an individual, HUF or company can file ...

ISLAMABAD: Auditor General of Pakistan (AGP) has analysed that the increase in withholding tax collection was mainly attributable to increase in tax rates for the salaried class during 2023-24.

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...

Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 68th part of this series, ET Wealth explains the difference ...