The Latest Breaking News from Income Tax

The Australian Labor Party just won an election victory for the ages. Now, it may be forced to walk back one of the key achievements of its first term.

The Chancellor, Rachel Reeves, is under growing pressure to break Labour’s manifesto pledge not to raise the so-called “big three” taxes—income tax, National

Facing backlash amid the 2002 Gujarat riots, then Chief Minister Narendra Modi wrote a letter to a prominent Gujarati newspaper, reportedly appreciating its coverage of the incident. The same coverage had been termed as a “clear violation of all accepted norms of media ethics” by an Editors Guild of India…

A chief wealth strategist makes some suggestions about how to better position yourself financially while coping with economic uncertainty.

The U.S. Senate has approved the 'No Tax on Tips' Act, aiming to eliminate federal income tax on tips, with bipartisan support.

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“The nation has fallen victim to the effects of fiscal drag” says one expert

The number of people at state pension age or older who are paying the tax at 40% or above has doubled in four years, according to HMRC figures.

The wording of any law that repeals or otherwise changes the federal estate tax could have an impact on all of us. Here's what you need to know, courtesy of an estate planning and tax attorney.