“The uplift in the relevant US tax rates has been reduced from 20 per cent over four years to 15 per cent over three years,” ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

The Income Tax Department has started sending notices to individuals who traded or invested in cryptocurrencies but didn’t report their income. Under Indian tax laws, profits from crypto and NFTs are ...

Volunteer firefighters in New Hyde Park will see a slight change in their tax exemption.

The bill includes many provisions that affect upper-middle-class taxpayers, from preserving the child tax credit to ...

Congressional lawmakers have inserted a line into President Donald Trump’s new tax bill that would reward Wall Street firms ...

There are special rules in place for taxes on custodial accounts, commonly referred to as kiddie tax. In 2025, the first $1,350 of earnings in a custodial account is tax-free. The next $1,350 is ...

The primary goal of estate planning is transfer of assets – money or property – from a donor to a beneficiary. One aspect of the process that many people don’t ...

The IRS has published a private letter ruling on I.R.C. §4942 regarding a taxpayer’s request for approval of a set-aside to rehabilitate a historic property. The IRS approved the request ...

If you can save some of your graduation cash, a Roth IRA offers a unique chance to grow your money 100% tax-free for ...

Gifting funds in retirement , when done strategically, can support loved ones and meaningful causes without jeopardizing long ...

If a deceased parent was under the threshold for filing an income tax return, there would have been no reason to file a final ...