Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

If an NRI wishes to gift offshore funds, the funds must first be brought back to India and then remitted abroad.

While receiving Supplemental Security Income (SSI) saving can be challenging without jeopardizing your eligibility.

Giving your child money toward a down payment can help them save money and borrow less when buying a home. This can be especially helpful when they're dealing with soaring home prices and ...

Mr. Trump instructed the Corporation for Public Broadcasting, which funds public broadcasters in the United States, to end ...

No. For claiming tax exemption, you have to file exemption u/s 54 or 54F in ITR filed within the due date. If you can't buy a ...

As a 30-something, rebuilding your life post-divorce can feel daunting, especially if there are a couple of kids involved.

The arrest of a Wisconsin judge in her chambers is just the latest and most dramatic effort by the Trump administration to ...

Although Israeli companies operating in the US often focus on federal tax concerns, US state and local taxes (SALT) have the potential ...

In order to thoroughly implement the decisions and deployments of the CPC Central Committee and the State Council, better meet the tax refund needs of foreign tourists, further enrich market supply, ...

According to Thomas, the $95,000 limit is per individual, so each parent could gift up ... payment without penalty or filing." He adds, "It's always advisable to consult with a tax or financial ...

The tax office is scrutinising family trust distributions dating back decades. Some trustees have been shocked to receive ...