Clients moved to France in late 1990s & I advised I could no longer act as don't deal with non-residents. Couple of weeks ago had a query from them - ...

Chicago Mayor Brandon Johnson advocates for Illinois to eliminate the state's flat income tax for a progressive income tax.

I have a client owns a flat (owned by husband and wife) which is rented to their daughter. The daughter is buying out the husband's half share so the ...

The House passed its 2025 budget bill for fiscal years 2026 through 2034, which outlined 'no tax on overtime.' When will ...

This means that if your monthly flat maintenance amount is Rs 8,000, tax will be levied on the full amount and not just the Rs 500 above the exemption limit. Rules could vary across states ...

Homeowners like Pitale could claim deductions under Section 54 of the Act, covering the cost of the new flat, which would mitigate any tax liability. The tribunal's decision to overturn the tax ...

In other words, if someone is offered a new flat from a builder in exchange for their old one, the individual is not liable to pay any tax on the deal. One Anil Pitale bought a flat in a housing ...

Kansas Republicans overrode the governor's veto to enact a flat income tax plan. The flat tax will gradually reduce income tax rates to a single rate of 4% based on economic benchmarks.

Having read the recent blog on Pensions Age, what I don’t understand is how a flat-rate level of tax relief applies to defined benefit schemes. Given that most such schemes are underfunded and require ...

A new GOP-authored proposal plans to progressively work toward setting a flat income tax rate for Wisconsin residents. The bill, sponsored by Rep. John Macco (R-Ledgeview) and Rep. Jerry O’Connor ...

The flat tax reformers have much in common with militant ide­ologues that we have become all too familiar with in the twentieth century. In the first place, they are egalitarians in this case, ...

The last day to file your taxes is fast approaching. As such, you may find yourself curious as to if you’re eligible for a tax extension and how you would go about obtaining one. A January news ...