Most notably, the CRA is reverting to administering capital gains taxation under the current 50 per cent inclusion rate. As a ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

Social Security recipients will be happy to hear that most states do not tax benefits. Below are the 41 states (along with ...

The tax code allows deductions for qualified miles driven for business, medical, moving and charitable purposes. But to claim ...

Philadelphia has effectively exempted companies that make less than $100,000 from business in the city from paying the ...

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...

The government agency had failed to deduct withholding tax when making payments to JV Ach-Putman, the contractor that ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

If I donate an average of $1,000 a month by credit card, that’s $12,000 a year; a 2% fee comes to $240, explained Mr. Freilich. Is this included in my maaser kesafim, or do I need to deduct this amo ...

Sixty-two percent of taxpayers could face a tax increase if the Tax Cuts and Jobs Act expires at the end of the year.

Unremitted pension contributions hit Sh57 billion in December 2024 from Sh47.16 billion in June 2024, highlighting the ...