Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate ...

Gross domestic product (GDP) of a nation is the monetary value of “final” goods and services (those consumed by the final ...

Immigrants residing illegally within the U.S. could no longer receive child tax credits or tax breaks for low income earners ...

As President Donald Trump begins his second term, hot-button topics like immigration and tariffs have been in the spotlight.

A new consultation relating to the legislation for the Corporate Income Tax is under way for the next three weeks, a ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

One of Tesla’s biggest tax-saving mechanisms is accelerated depreciation, a loophole that allows corporations to write off the cost of assets much faster than they actually lose value. In 2024, Tesla ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Combining annuities with IRAs or 401(k)s can be powerful. But people often don’t even consider the combination because of widespread misinformation and confusion.

Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York St ...

On January 8, 2025, the staff (Staff) of the Securities and Exchange Commission’s (SEC) Division of Investment Management (IM) released the 2025 ...