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NIWA highlights impacts of new tax law on women, communities
19 Jul 2025 08:24 GMT
… Income Tax (CIT), Capital Gains Tax (CGT), Value Added Tax (VAT), Withholding Tax (WHT … ; Collaboration with the Ebonyi State Internal Revenue Service (EBSIR) to enhance compliance and …
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New tax deduction could mean more money in your pockets
19 Jul 2025 07:54 GMT
… past, just having so much tax on it, it takes quite … ” received when filing their taxes, according to the IRS.
Qualified tips are … on paper. And they are taxed on it heavily. Very few … cash,” Carroll said.
The tips tax deduction will take effect from …
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Here's How Trump's Tax Bill Will Affect Social Security Taxes
19 Jul 2025 04:42 GMT
… impact on Social Security taxes. Trump campaigned on eliminating … How federal Social Security taxes work
The IRS uses your " … combined income" to calculate your tax … 85%
Data source: IRS.
The federal tax process for Social Security …
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Tax preparation costs should be ‘refundable’ costs
19 Jul 2025 03:23 GMT
… . Internal Revenue Service piloted its “Direct File” program, through which its victims — American taxpayers … on July 4 directs the IRS (per DOGE recommendation) to find … exceed the amount the IRS pretends you “owe.”
Tax preparation costs are …
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Edo Taps ETranzact to Simplify Revenue Collection
19 Jul 2025 02:44 GMT
… to enhance transparency and efficiency revenue collection.
The new solution, EDSAA … Osayanmo Aigbuobasimwin on the new revenue collection process and his efforts … Chairman of the Edo State Internal Revenue Service, Oladele Bankole-Balogun was convinced …
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Billy Long sworn in as IRS commissioner, taking over agency he once sought to close
19 Jul 2025 02:25 GMT
… goal is to abolish the Internal Revenue Service and let all the outsiders …
The nearly 900-page tax and spending bill Trump signed … , pandemic-era employee retention tax credits. He appeared before … s connections to other alleged tax loopholes. They have also …
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Lawmakers Challenge IRS Over Trump-Era Church Political Activity Ruling
19 Jul 2025 02:14 GMT
… colleagues in a letter to Internal Revenue Service (IRS) Commissioner Billy Long expressing … to establish guardrails around organizational tax exemption, Congress included the … interference by securing tax exemptions while taxpayers are protected from …
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Washington Roundup: Trump’s Epstein fallout; Congress backs rescissions; IRS church policy shifts
19 Jul 2025 01:53 GMT
… office at risk of their tax-exempt status. Trump Administration … into our public square.” Tax-exempt nonprofits, including houses … a provision in the tax code called the Johnson … to the possible IRS shift. The Internal Revenue Service building in Washington …
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Trump's auto loan tax break could save working class buyers thousands, experts say
18 Jul 2025 23:58 GMT
… in the zoo of tax policies," economist Patrick … commonly known AGI. The Internal Revenue Service explains the difference on its … depending on their federal income tax bracket.
A borrower with … eventually be published by the IRS.
Ivan Drury, the director …
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Bill aims to boost US small businesses with tax deductions
18 Jul 2025 23:46 GMT
… permanent tax deduction for small businesses, repeal certain IRS reporting … economies.
- Elimination of taxes on tips for tipped … taxes on overtime for hourly workers.
- Repeal of IRS … for his signature, includes tax policies that will strengthen the …