The Earned Income Tax Credit (EITC) is a crucial federal tax benefit for low to moderate-income workers in the United States.

ITAT Agra held that confirming penalty under section 271B of the Income Tax Act before finalization of quantum assessment is unjust and unfair. Accordingly, matter restored back to CIT (A) for fresh ...

Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...

The form determines whether you'll pay your taxes paycheck-by-paycheck as the year goes on, in a lump sum at the end of the tax year, and if you'll owe interest and penalties ... employer can fill out ...

A.P. Moller-Maersk reported a 65 percent increase in earnings before interest and taxes (EBIT) to $6.5 billion in 2024, ...

Radiant ( NYSE: RLGT) reported adjusted earnings before interest, taxes, depreciation and amortization of $12 million, 56% higher y/y. Adjusted earnings before interest, taxes, depreciation and ...

HM Revenue and Customs (HMRC) has issued a warning to workers who could be at risk of losing thousands of pounds for not ...

In this illustrative tale, based on real-life incidents, Mike lodged a claim with a refund company that suggested he could ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

( NewsNation) — The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save ...