News

Assessing the new over-65 deduction and its implications for Social Security taxation, as well as new rules for charitable ...
Little Compton will raise its tax levy by 12% to cover for years of using the town's general fund surplus to balance the ...
The disability tax credit (DTC) is a non-refundable tax credit that helps people with impairments, or a supporting family member, reduce the amount of income tax they may have to pay.
Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...
If you’re thinking about spending the next few weeks trying to scrounge up tax deductions, you can probably relax. Fewer than 10 percent of all tax filers chose to itemize their deductions in 2020, ...
While U.S. and European companies have reduced their average dividend payouts over the past decade, Asian corporates have ...
New Income Tax slabs FY 2023-24: Taxpayers are allowed to claim three deductions under the New Income Tax regime. The New Income Tax regime will also be the default option, starting financial year ...
Old Age Security pension recovery tax If your net world income exceeds the threshold amount ($86,912 for 2023), you have to repay part or your entire OAS pension. Part or your entire OAS pension is ...
Complying with the annual gift tax limit can save you time and money when you are giving to family, friends and others.
Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credits (For Now) If you've decided to purchase an EV or PHEV, act fast—the $7,500 tax credit might go away soon ...
NCAA payments to current president Charlie Baker and former president Mark Emmert for the 2023 calendar year were detailed in the organization's 990.