Ohio lawmakers to drop DeWine’s ‘sin tax’ hikes from budget plan, add $600M in Browns stadium bonds
Lawmakers are preparing to dump Gov. Mike DeWine’s proposed tax hikes on cigarettes, marijuana, and sports gambling, as well as advance a plan to issue $600 million in bonds for a new Cleveland Browns ...
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...
Tax Write-Off vs. Tax Deduction vs. Tax Credit: What’s the Difference?
While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...
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The Smart, Targeted Tax Cuts Democrats Should Champion
Instead of being fiscal scolds by not renewing Trump’s 2017 tax cuts, Democrats ought to limit them to ...
Tax Guru2d
Income Tax Rule 128 for claiming foreign tax credit is directory in nature: ITAT Pune
In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...
Your Social Security Benefits Could Be Taxed Twice if You Live in Any of These 9 States
Taxes on Social Security benefits have gotten a lot of attention over the last few months, ever since President Trump vowed ...
Both Sides Spin Who Would Benefit from Extending Trump Tax Cuts
With the Republican-controlled Congress moving forward with President Donald Trump's call to extend the 2017 individual tax ...
How to Handle Taxes When You Live and Work in a Different State
If you live in one state and work in another, taxes can be complicated. And the rules can vary significantly from state to ...
Living In India But Still A US Taxpayer? Your Ultimate Guide To Filing US Taxes
US citizens residing in India must file US taxes. Learn about deadlines, exemptions, and tips for filing US taxes from India.
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The IRS has a refund you might not have considered: The Credit for Other Dependents
The Other Dependent Credit (ODC) offers a valuable tax break for those with dependents who don't qualify for the Child Tax Credit.
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as ...
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Bollywood Actor Wins Tax Case: Key Lessons on Foreign Tax Credit (FTC)
A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...