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 ...

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

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 ...

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked ...

“It is essential that investment advisors receive the same support as other small businesses,” said Karen Barr, president and CEO of the IAA, in a statement. “These professionals help millions of ...