A progressive consumption tax takes a different approach. It doesn’t penalise earning more in a particular year. Instead, it ...

Quicken Business and Personal and FreshBooks are two different platforms that serve distinctly different audiences, despite ...

Learn about tax-exempt property gifts to children, the tax implications of transferring personal shares to a private company, ...

Explains when home-loan interest can be added to the cost of acquisition and how the AY 2024-25 amendment blocks double benefits. Key takeaway: unclaimed pre-construction interest may still matter for ...

Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...

Starting Jan. 1, Michigan drivers will no longer pay the state’s 6% sales tax on gasoline. Instead, a 21-cent-per-gallon fuel ...

The first issue is that tipped workers’ paychecks are less straightforward than those of traditional workers. To break this ...

Americans could miss up to $25,000 in tax-free tips and overtime deductions under new IRS rules. Only voluntary tips and the ...

The $16.7 billion spending plan includes higher taxes on cloud computing, liquor and plastic bags, along with rideshare ...

Industry expectations, outlined in the Deloitte Budget Expectations 2026 report, converge around a single idea: without ...

Less than two weeks remain to take advantage of some tax strategies that will help to get more money back when it comes time ...

The Delhi High Court expressed serious concerns regarding the government's lack of action on tax relief for air purifiers ...