In the 1990s and into the early 2000s, the federal estate tax exemption sat at just $600,000 to $1 million per person. In an era when home values were rising and 401 (k)s were maturing, a couple who ...

The IRS has issued a private letter ruling on I.R.C. §2642 and Treas. Reg. §26.2642 granting taxpayer a 120-day extension to allocate generation-skipping transfer (GST) exemption to transfers made to ...

Question: The body of water at Clinton’s nuclear generating power plant — today known as Clinton Lake — is a 4,900-acre ...

I have a niece who is on disability. She has health insurance through Medicare/Medicaid and is in her mid-50s. She owns a house and has $8,000 left on her mortgage. She would like to move into a home ...

In estate planning, taxpayers and their advisers may overlook the potential generation-skipping transfer tax implications of ...

The Employees' Provident Fund Organisation (EPFO) has introduced a new compliance mechanism under the Income Tax Act, 2025, replacing the long-standing Forms 15G and 15H with a single, consolidated ...

New Tax Rule From April 2026: Form 121 replaces Forms 15G and 15H from April 2026, allowing eligible taxpayers to avoid TDS through a single declaration. Filing it early for FY 2026–27 is key to ...

As per the Income Tax Act, 1961, bank depositors had to submit Form 15G/Form 15H to the bank to avoid Tax Deducted at Source (TDS). Some depositors were confused about which of the two forms applied ...

A solar eclipse recorded in 709 BCE by Chinese astronomers today offers keys to better understand Earth's rotation and the Sun's activity. Chinese archives, such as the 'Spring and Autumn Annals', ...

In the past few decades, communication technology has evolved at an incredible pace. The latest innovation making headlines? ChatGPT, the AI-powered large language model, developed by OpenAI. Users ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Eddie Howe has much to ponder before the visit of Barcelona Paul Currie/AFP via Getty Images Newcastle United have no time to wallow in their (latest) chastening defeat at the hands of Manchester City ...