Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

While U.S. and European companies have reduced their average dividend payouts over the past decade, Asian corporates have ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Republicans in Congress want to add a tax to migrant remittance payments under the 'Big Beautiful Bill'. Critics say that could lead to more illegal immigration.

Tax liability is the amount that an individual, business, or other entity is required to pay to a federal, state, or local government.

Tax brackets for 2024 (for taxes due in 2025) There are seven tax rates for 2024, ranging from 10% to 37%. The income range in each bracket increased 5.4% from 2023.

Here's how much lawyers, consultants and other third parties have made from affordable housing deals over the past several years.

The Minister of Finance, Dr Cassiel Ato Forson, on Thursday laid the Income Tax Amendment Bill, (Act 896) 2025, before Parliament, to abolish the 10% withholding tax on all betting winnings from ...

4 charts show how Warren Buffett's Berkshire Hathaway piled up cash, dumped stocks, and made a record tax payment in 2024 ...

Berkshire's income tax payments totaled $28.5 billion last year, more than triple the $7.8 billion it paid 2023.

Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.

The news release says that tax payers have claimed more than $6 billion in credits for residential clean energy investments on 2023 tax returns filed and processed through May 23, 2024.