For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to ...

A taxpayer’s extension of variable prepaid forward contracts resulted in a constructive sale and a termination of obligations that gave rise to taxable gain, the Tax Court held.

The "One Big Beautiful Bill" (OBBB) that President Trump signed into law on July 4 made significant changes to the deduction ...

Are older generations so entitled to assets they didn’t earn that they won’t lift even the smallest finger to help young ...

Just forgot; no trust at all; Exterior design; and other highlights of recent tax cases. Vidalia, Georgia: Business owner Jonathan Mann, who pleaded guilty in April to filing a false tax-related ...

Income Tax Department imposed Rs 23.07 crore penalty on ACC Ltd for past income issues Penalties cover assessment years 2015-16 and 2018-19 for inaccurate reporting ACC is a subsidiary of Adani Group ...

In this video, I build an updated version of my DIY herringbone coffee table, initially created in 2018. This tutorial showcases the revamped design for 2021 and shares insights gained from my ...

There are 196 days until taxes are due, but clients want help now. Americans paid more than $206 billion in capital gains taxes last year, according to the Tax Foundation, a Washington think tank. By ...

Bloomberg Tax & Accounting released its annual report Thursday projecting U.S. tax rate brackets, standard deduction amounts, and alternative minimum tax exemption amounts for the year ahead. The ...

TONIGHT WITH WHAT COMES NEXT. THE CITY COUNCIL WENT INTO TODAY’S MEETING WITH THE INTENTION OF DECIDING ON WHETHER OR NOT THEY WERE GOING TO RELEASE MONTHLY TAX PAYMENTS TO THE SCHOOL EARLY, BUT IN ...

EMMAUS, Pa. – In an early budget presentation Monday night, East Penn School District's administrators presented a spending plan for the 2025-26 school year that calls for a 4% tax rate increase. The ...

Mayor Brandon Johnson on Tuesday pointed to a handful of tax-the-rich options he might consider to balance Chicago’s next budget, among them a corporate head tax. Johnson faces a daunting challenge as ...