Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...

The last Trump administration placed limits on new federal regulations, and it seems reasonable to expect more of the same.

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union Budget 2025-26 in a bid to ensure trade facilitation.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

“Other recommendations include the need to streamline application procedures and the provision of technical support for applicants for Economic Development Tax Incentives; definition of eligible ...

Donald Trump has threatened to double taxes on foreign nationals and companies in a row over “discriminatory” levies on US businesses. The president has instructed the secretary of the ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. svetikd ...

But that's not all. During the presidential election campaign, the idea of eliminating federal taxes on tips gained traction on both sides of the political aisle. Profit and prosper with the best ...

This policy ensures that multinational companies with a global consolidated turnover exceeding 750 million Euros pay a minimum tax in the countries where they operate. “This provision does not affect ...

Such provisions are aimed at curbing tax avoidance through asset transfers to other family members. Let’s break down the rules and exemptions around income clubbing. The clubbing provisions ...