According to Climate.gov, thousands of homes can be damaged or destroyed every year from weather and climate-related ...

The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact ...

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

While TaxAct doesn't have all the bells and whistles of other tax software out there it is generally cheaper to file with them. If you don't need extras, such as one on one support or audit assistance ...

Tax strategies that apply to private partnerships include capital gains tax deferral, depreciation, tax credits, and ...

A Section 1031 "like-kind" exchange may be the answer if you are looking to sell your investment property and avoid costly ...

The U.S. Tax Code is over 2,600 pages long, with over 1 million words. While the actual taxes people pay only take up about 2 ...

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

Market observers anticipate reforms such as tax rebate on housing loan interest, revision in the GST input tax credit rules and introduction of a simplified single-window clearance system will give fu ...