The Latest Breaking News from Income Tax

Roundup of fact checks from the last week compiled by Full Fact.

A new tax law lands Iowa among the top ten states with the lowest income tax rates.

The Supreme Court on Thursday granted a week’s interim protection to NewsClick against tax recovery demands over “unexplained cash credits”, LiveLaw reported. The court, however, dismissed a writ petition filed by PPK Newsclick Studio Pvt Ltd, the company that runs the news portal, and asked it to approach the Delhi…

South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history.

America’s tax system is already highly progressive. A simpler, flatter structure would be fairer, raise more revenue, and fuel economic growth.

The Labor Party government is set to debate a petition calling for a significant increase in the income tax personal allowance—from the current £12,570 to £20,000.

As video blogging, or vlogging, gains popularity (and profitability), new laws are shaping financial obligations for caregivers of young creators.

Your IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

Inflation-related changes to the tax code could result in a larger refund for some, but you’ll have to wait.

Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Monday took a dig at the BJP-led Central government over the Union Budget 2025 saying that as soon as people gave them fewer seats, they promptly changed the income tax regime. Read further on Dynamite News.

Several states don’t tax Social Security benefits, 401(k)s, IRAs, and pensions. But you may still have to pay state taxes on some incomes.