That’s according to the chief strategist at JPMorgan Asset Management, David Kelly. In a note published on LinkedIn, (1) ...
Ahead of releasing the promised 2025 federal budget, the prime minister announced the launch of an automated tax filing ...
Homeowners are sitting on ultralow mortgages, refusing to sell and deal with higher mortgage rates and few home listings to choose from. One congressman says the solution is in Washington’s hands. Rep ...
Advocates and stakeholders in Michigan's cannabis industry say a proposed 24% wholesale tax on marijuana to pay for a road funding plan would be a significant blow to operators in the field, where ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
Tax relief: A taxpayer who sold his land for Rs 73 lakh to the National Highways Authority of India (NHAI) has been granted complete income tax exemption on the compensation amount, following a recent ...
Rachel Reeves is poised to announce a VAT hike on cab journeys which will hammer residents of rural areas, industry insiders have warned. Campaigners said the Chancellor would use her autumn Budget to ...
When we did our Edinburgh Fringe show in August we asked our audience how many of them have taken recent action to cut their tax bill. Around 20% put their hands up. Given that confessing to avoidance ...
Millions of pensioners and savers may have received an unexpected tax bill over the summer from HMRC, under the taxman’s simple assessment system. Frozen tax thresholds mean more of people’s earnings ...
The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...