Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

As 2025 begins, it’s the perfect time to hit refresh on your financial goals that you may have procrastinated over the past ...

Generous Brits wanting to gift money and belongings to loved ones before they die have been urged to familiarise themselves ...

A looming tax bill is set to strike any Brits who have generously gifted money to their family. Last month the HMRC revealed ...

The 2024 law is similar to a law Pritzker signed in 2019 creating a property tax relief task force. The report that resulted ...

Robert Powell: The Tax Cuts and Jobs Act was enacted in 2017 and was scheduled to sunset after 2025, but who knows in the wake of the federal election. Here to talk with me about this is Noah Harden, ...

An important part of financial planning for physicians with children can be 529 plans.

Gov. Gretchen Whitmer’s road funding plan would take a tire iron to Michigan’s legal cannabis industry, cannabis insiders say. The plan outlines $2.2 billion in new taxes, including adding a wholesale ...

It's a new year, which means it's time to start thinking about tax returns. While you do have until April 15, it's always a ...

Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for Brits - and there are rules around how much can be given ...

Rep. Jake Fey, D-Tacoma, chair of the House Transportation Committee, has proposed a Road Usage Charge for passenger vehicles in the state amid a yearslong decline in gas tax revenue.

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.