If ULIPs and other policies are purchased from GIFT city International Financial Services Centre (IFSC) registered insurance ...

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is ...

those impacted by the California wildfires have an extended IRS tax deadline of October 15, 2025. This extension applies to numerous key deadlines, including: The extended filing deadline impacts ...

A memo obtained by the Guardian shows Charles Koch's dark-money network spending big on—sorry, against—class warfare.

If donating the car, make sure you research and follow proper tax procedures to take a deduction on the gift, if desired. The process of transferring ownership when gifting a car is similar to ...

Only an NDP government will make the ultra-rich pay what they owe. In reaction to the announcement on Conservatives’ tax break for their billionaire buddies, NDP critic for Tax Fairness Niki Ashton ...

Your zip code will grant automatic extensions. What It Means: Individuals can now file their 2024 tax returns and make payments without the stress of the original April deadline. This provides ...

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

The decision reinforces the principle that genuine cash gifts from immediate family members, backed by verifiable evidence, are not taxable under the Income Tax Act. This ruling serves as a precedent ...

Individuals and businesses affected by the ravaging wildfires in southern California will receive tax relief ... also qualify for filings and payments extensions, Ringbauer said.

When is Tax Day 2025? All about deductions, income brackets, credits and deadlines In addition to extensions, taxpayers are entitled to other types of relief, including: Individuals and businesses ...