Supreme Court held that deduction under section 36(1)(viii) of the Income Tax Act is not general exemption. Such deduction is specific incentive attached strictly to the profits arising from a defined ...

As 2025 draws to a close, we’re taking a look back at NEWS10’s top 25 stories of the year. The stories feature business, crime, state news, and more.

From the Wyoming Freedom Caucus and rowdy town halls to legal battles over election laws and abortion restrictions, here’s a recap of the year in politics.

One candidate received about $1 million within an eight-day span from the head of a Dallas tax firm — and 72 of his employees ...

The Holmdel Township committee approved a 30-year PILOT for the former Vonage property. Developers are proposing to build a ...

Access to a solo 401 (k) can be useful for some couples to do smart tax planning. Financial planner Robert Wang, based in Abington, Mass., has been helping a new client who is in the highest tax ...

Chicago faces potential first-ever municipal shutdown as Mayor Brandon Johnson weighs vetoing budget over corporate tax ...

The Powerball jackpot has become one of the highest in the history of the game, and for Tennessee residents, there may be ...

In an unprecedented move, the City Council passed a budget without mayoral backing, exposing deep divisions over how to close ...

Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...

Officials with the Indiana Destination Development Corporation recently announced that Indiana’s tourism industry had a record-breaking year in 2024, surging past ...

Harrisburg is receiving a $50,000 grant to hire a consulting nonprofit to develop a plan aimed at reducing empty storefronts and increasing the number of residents living in the downtown area.