July 2019

NEW DELHI : To replace the current Income Tax Act of 1961, the government will soon publish a new Direct Tax Code. A working group responsible for preparing the tax code is expected to submit its report to the…

Republicans touted a postcard-sized individual tax form as they tried to sell the 2017 tax revision to the public - that vision was short-lived.The IRS ditched the smaller Form 1040 after a season of filing, bowing to pressure from outside…

Do you have a problem with your taxes? Prepare for a long and winding road. A new "road map" charts the maze inside the Internal Revenue Service for taxpayers who have questions about IRS rules or who want to fight…

Democratic presidential candidate Joe Biden used a tax loophole the Obama administration attempted and failed to close, drastically reducing his tax bill.Mr Biden and his wife Dr Jill Biden funneled their income from books and speeches…

If you buy something through our links, we may earn money from our affiliate partners. Learn more.Shopify reports that ecommerce revenue in America will grow 46% through 2023. You will need to pay taxes with these stores.Here's how to…