The shadow knows; body of evidence; make a Note of it; and other highlights of recent tax cases.

The Internal Revenue Service is increasing the "optional standard mileage rate" used to calculate tax deductions by 3 cents a ...

From 1 April 2025, all electric vehicles will fall under a higher band vehicle excise duty (commonly known as 'car tax') set ...

Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting. But how far they will ...

The Blue Jays announced that they have signed right-hander Yimi García to a two-year contract. It's a $15MM deal, reports ...

The IRS mileage reimbursement rate is a deduction you can take for using a vehicle for qualifying purposes. Find out if you ...

Gifts to qualifying charitable organizations are eligible for a tax deduction. However, the IRS has many rules about what organizations are eligible.

There are a number of new rules and regulations that are set to come into force in 2025 - including vehicle excise duty (VED) ...

As cars continue to get better gas mileage and a larger number of EVs enter service, the state gas tax just doesn't go as far ...

Having granted drivers a shock reprieve in her maiden Budget, Rachel Reeves now faces a £30bn headache over one of the ...