Athens, Ohio, Approves Income Tax Increase After Final Vote Count
Athens, Ohio, officially increases income tax to 2.15% after a 10-vote victory margin. The move is expected to…
Articles by & updated by Sai Sankar
Mumbai Income Tax Appellate Tribunal Allows Section 80G Deduction Despite Section 37 Restriction
Mumbai Tribunal clarifies that CSR donations may qualify for Section 80G tax deductions even if they are barred…
Rep. Graves Proposes New Federal Vehicle Fees to Fund Highways
Rep. Sam Graves proposes new 2026 federal vehicle taxes: $200 for EVs, $100 for hybrids, and $20 for…
Missed FBAR for Indian Bank Accounts? File Now and Review Form 8938 to Avoid Penalties
Essential guide for U.S. taxpayers to correct missed FBAR filings for Indian bank accounts, covering NRE/NRO reporting, Form…
IRS Direct Pay Warns: Separate Payments After Tax Extension to Avoid Balance Notices
Learn why IRS balance notices occur after tax extensions and how to resolve common payment errors involving incorrect…
India Eases PAN Application Rules for Foreign Portfolio Investors Under New Income-Tax Rules
India eases PAN rules for Foreign Portfolio Investors (FPIs) in 2026, allowing placeholder TINs and simplified signatory data…
Supreme Court to Rule on Whether Dividend Distribution Tax Under Section 115-O Is on Dividend
India's Supreme Court to rule on DDT characterization, impacting 2026 U.S. foreign tax credits and international treaty claims…
New York Governor Announces State Will Join Education Freedom Tax Credit Program
New York plans to join the $1,700 federal Education Freedom Tax Credit program starting January 2027 to fund…
Ohio Entrepreneur Promises to Phase Out State Income Tax, Zero Tax Rate on Earnings
Vivek Ramaswamy proposes phasing out Ohio's income tax by 2026, starting with capital gains, despite a potential $10…