The IRS just increased the estate exemption amount as we enter into a potentially promising tax year for inheritances and ...

The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the distribution rules for beneficiaries ...

US lawmakers are proposing to remove the tax exemption on earnings made by OPT foreign workers. (Reuters ) Senator Tom Cotton has introduced the OPT Fair Tax Act, which proposes to make foreign ...

ALBANY, N.Y. – Healthcare institutions across New York have accelerated equipment investments since the COVID-19 pandemic, with the Dormitory Authority of the State of New York facilitating tax-exempt ...

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal government examines further changes to the reporting requirements — ...

MADISON — Starting Oct. 1, Wisconsin will no longer charge a sales tax on household energy bills. The provision is one of several included in the bipartisan 2025-27 state budget that will take effect ...

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 ...

On September 16, 2025, the Subcommittee on Oversight of the House Ways and Means Committee held a hearing on the purpose and use of the tax-exempt status widespread in the hospital sector. Several ...

India is betting big on its digital backbone. The government is considering a tax exemption of up to 20 years for data centre developers, provided they meet targets on capacity addition, energy ...

Indian taxpayers, brace yourselves! The second advance tax installment for FY 2025-26 is due September 15th. If your tax liability exceeds Rs 10,000, pay up to avoid a 1% monthly interest penalty.

As the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 approaches on September 15, a significant number of taxpayers have already filed returns. According to the Income Tax ...

The Rajasthan High Court quashed an order rejecting a charitable trust’s application to condone a delay in filing an audit report (Form 10B), emphasizing that a taxpayer should not suffer due to a ...