Treasury Secretary Scott Bessent said American households could receive substantial $1,000-$2,000 tax refunds in early 2026 under OBBBA tax law changes.
Get latest articles and stories on Business at LatestLY. The Central Board of Direct Taxes (CBDT) has stepped up its data-driven push to curb bogus tax deduction claims, warning taxpayers to correct wrong filings after uncovering…
The Income Tax Department has begun sending SMS and email advisories to taxpayers after data analysis revealed bogus deduction claims linked to unrecognised political parties and charitable institutions.
On December 31, the enhanced subsidies for Obamacare policies that were enacted in 2021 and extended through 2025 are set to expire. The U.S. Senate held a couple of votes on Thursday but did not renew them. So it may be that on January 1,…
Get latest articles and stories on Business at LatestLY. The Income Tax Department has issued a fresh public advisory cautioning taxpayers--especially senior citizens--against a growing number of fraudulent emails, SMS messages and…
County officials have called the 9.75% tax levy increase necessary in the face of rising costs, limited revenue growth, increased demand for services and uncertain state and federal funding.
A Connecticut construction company owner has been arrested on charges tied to failing to have workers’ compensation coverage for his employees, leading to the state having to pick up the tab when a man was seriously injured on the job,…
'In the past, city-funded "affordable housing" may be affordable for the lucky few who actually dwell in the subsidized units, but the costs to produce the units were off-the-charts expensive,' writes an L.A. Times reader.
A CBS News exclusive report shows how convicted Minnesota fraudsters spent hundreds of millions of taxpayer dollars on luxury cars and private villas. The money was stolen from programs that provided services to underprivileged children.…
Billionaire entrepreneur Mark Cuban, questioned the lack of action by the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) against health insurers on Thursday.
The federal government has done a deal - underwritten by the taxpayer - to keep Australia’s largest aluminum smelter open. What’s the exit strategy if it doesn’t go to plan?