Social Media Ideas for Exemptions

Trump administration outlines who would be exempt from Medicaid work requirements

Pregnant women, parents of young children, veterans with disabilities and several other groups will be exempt from Medicaid’s new work requirements, the Trump administration said M...

Making Tax Digital Exemptions: Check Before 7 August

Making Tax Digital for Income Tax became mandatory on 6 April 2026 for sole traders and landlords with qualifying income over £50,000, […] The post Making Tax Digital Exemptions: C...

Mahoning County approves property tax exemption

Mahoning County commissioners approved an owner-occupancy tax exemption.

IRS Rule Change Announced: Here's Who May Benefit

A new IRS change could make penalty relief less of a paperwork chase for some taxpayers.The Internal Revenue Service announced on Wednesday, July 8, that it is introducing an Autom...

Transitioning to Automatic Exemption from Penalty: Procedural and Substantive Implications for Tax Practitioners

Internal Revenue Service, IR-2026-83, July 8, 2026 The Internal Revenue Service is implementing a significant procedural evolution regarding administrative penalty relief. The...

Surat ITAT: Delay in Filing Form 10B Not a Valid Ground to Deny Section 11/12 Exemption

The Surat bench of the Income Tax Appellate Tribunal (ITAT) said that the late filing of the audit report in Form No. 10B is not a valid ground to refuse the exemption u/s 11/12 of...

No Old Bills? Still Eligible for Indexed Cost and Full Section 54 Exemption, Rules Chandigarh ITAT

No Old Bills? Still Eligible for Indexed Cost and Full Section 54 Exemption, Rules Chandigarh ITAT   Joint Ownership Does Not Mean Half Deduction When Entire Investment Is Made by...

ITAT: Section 54 Exemption Cannot Be Denied for Non-Deposit in CGAS if Entire Capital Gain Invested Before ITR Filing

In a significant relief for taxpayers claiming capital gains exemption, the Mumbai Bench of the Income Tax Appellate Tribunal has held that a deduction under Section 54 of the Inco...

CFTC Letter 25-50: Revival of the QEP Exemption from CPO Registration Offers Reduction in Compliance Burden

Washington State Lets Low-Income Seniors Exempt up to 60% of Their Home Value or $60K — Are You Eligible?

Rising property taxes are quietly pushing many retirees to the financial breaking point, especially in areas where home values have surged over the past few...

Mazar tax exemption okayed

Traders allowed to exit fixed tax scheme; car import duties slashed up to 56%

VAT Exemption Thresholds in Europe, 2026

Worldwide, 175 countries—including all major European countries—levy a value-added tax (VAT) on goods and services. However, to reduce compliance and administrative costs, most cou...

CBDT Circular No. 4/2002 & TDS on Exempt Institutions: A Forgotten Relief Every Taxpayer and Deductor Must Understan...

CBDT Circular No. 4/2002 & TDS on Exempt Institutions: A Forgotten Relief Every Taxpayer and Deductor Must Understand   For decades, companies, banks, PSUs, Government departme...

Gifts from relatives can no longer be reported as exempt income in the ITR: Here is why

Many taxpayers have traditionally followed one of two approaches when receiving gifts from specified relatives such as parents, spouse, children, siblings, or certain lineal ascend...

CSA exempts advisers from retail reporting rules for institutional accredited investors

New CSA blanket order changes what advisers must report - but only if they meet the conditions

IRS streamlines penalty relief, replacing First Time Abate

A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and paying their taxes on time.

North Carolina’s Gift Ban and Nonprofits: Broader Exceptions, Reporting, and Penalties

North Carolina Gift Ban Exceptions: Items Other Than Food and Beverages The State Government Ethics Act includes additional exceptions beyond food and beverages in the Gift Ban. Th...