The Trump IRS addendum explained in new Justice Department filings shows that the federal government is barred from pursuing existing or past tax-related claims involving President Donald Trump, his family members and affiliated businesses. Acting Attorney General Todd Blanche signed the one-page addendum on Tuesday, May 19, 2026. The document states that the United States is “forever barred and precluded” from pursuing claims, examinations or reviews that have

Chicago’s parking meter sale could move to a new private owner after Chicago Parking Meters LLC reached a tentative agreement to transfer its rights to New York-based Stonepeak Partners. The proposal still requires approval from the Chicago City Council, according to Mayor Brandon Johnson’s office. Ordinance Number and Vote Timeline An ordinance to begin the review process is expected to be introduced at the Chicago City Council meeting on We

Vijay Deverakonda, tunrs 37 today, May 9th. One of India’s most celebrated actors, has journeyed from humble beginnings as a theatre artist to becoming a household name in both Tollywood and Bollywood. Born to TV director Govardhan Rao, Deverakonda’s path to stardom wasn’t an easy one. After completing his Bachelor of Commerce degree from Badruka College of Commerce & Arts, he began his acting career in theatre, joining a Hyderabad-based group where he performed in numerous plays. H

MS Dhoni Leads Taxpayer List In Jharkhand-Bihar MS Dhoni has emerged as the highest individual taxpayer from the Jharkhand-Bihar region as income tax collection touched around ₹20,000 crore in FY26, officials said. The Income Tax Department’s collection from Jharkhand and Bihar during the 2025–26 financial year marks a strong revenue signal from eastern India, a region often overshadowed by larger metro-driven tax zones. ₹20,00

A major cash seizure was reported in Perambalur, where authorities recovered nearly ₹2.5 crore in unaccounted money during a late-night vehicle inspection. The operation was part of routine checks amid heightened vigilance in the region. Officials intercepted a car during the inspection and discovered a substantial amount of cash concealed inside. T

A serious ground incident at Indira Gandhi International Airport has raised fresh concerns over aviation safety after a SpiceJet aircraft collided with a stationary Akasa Air plane while taxiing on Thursday. The

Restaurants and food chains across the United States are rolling out limited-time promotions on Wednesday, April 15, 2026, to mark Tax Day, offering customers discounts, free items, and value meals designed to ease the financial stress of filing returns. The annual wave of offers spans fast-food outlets, pizza chains, coffee brands, and delivery platforms, with many promotions available only on Tax Day. The deals typically require app orders, promo codes, or minimum purchases, but col

​A key provision in President Donald Trump’s recent tax legislation introduced significant federal deductions on tips and overtime pay, but the changes do not fully eliminate taxation for millions of American workers. As taxpayers finalize their 2025 returns ahead of the federal filing deadline on Wednesday, April 15, 2026, state governments are emphasizing that these earnings may still be subject

Married couples across the United States face an important decision each tax season: whether to file taxes jointly or separately. That choice could have new implications for the 2025 tax year following recent policy changes introduced under former President Donald Trump’s legislation. In most cases, the tax system favors married filing jointly, which allows couples to combine income, deductions, and credits into a single return. This approach typically results in lower overall incom

You might be receiving the same CTC as before, but a closer look at your bank account could reveal that your take-home pay has dropped. This change is likely due to the new 50% wage rule, which has been introduced under India's revised Labour Codes. While the Cost to Company (CTC) remains unchanged, this rule is quietly reshaping how salaries are structured, particularly the proportion allocated to basic pay, dearness allowance, and retaining allowance. Under the new rule, basic pay

The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,

Chicago residents purchasing alcohol from local liquor stores will see a new tax added to their bills starting Sunday, as the city implements a revised taxation system on retail liquor sales. The Chicago Department of Finance confirmed that a 1.5 percent liquor tax will officially take effect after a two-month delay that was granted to allow retailers additional time to update billing systems and prepare for the change. The new Chicago liquor tax replaces the previous structure that

San Jose officials are calling on state regulators to withdraw newly approved gambling regulations that they say could significantly disrupt the city’s finances and threaten more than 1,000 local jobs. In a letter dated Feb. 19 and addressed to Attorney General Rob Bonta, city leaders warned that the new rules governing California’s card rooms would dramatically reduce tax revenue generated by the city’s two licensed casinos, Casino M8trix and Bay 101. According to city offici

Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Ohio lawmakers are advancing a proposal that would allow residents to claim state income tax deductions for qualifying church donations, arguing the move would bring Ohio policy in line with federal tax law while strengthening faith-based services across local communities. House Bill 444, also known as the Tithing Protection Act, was introduced last fall by Republican Rep. Josh Williams of Sylvania Township and Democratic Rep. Dontavius Jarrells of Columbus. The measure received its first he

Eligible U.S. taxpayers will be able to deduct up to $10,000 in auto loan interest for the 2025 tax year under a temporary tax provision created through President Donald Trump’s One Big Beautiful Bill Act, but financial analysts say the actual benefit for most car buyers will be far smaller than the headline figure suggests. While the deduction may appear generous at first glance, typical loan structures and interest payments mean that most borrowers are unlikely to approach the maximum all