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 ...

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...

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 ...

The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official website. ITR-5 and ITR-7 forms are meant for specific categories of taxpayers and ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

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 ...