Calculate pre-tax debt cost using company's effective tax rate for accuracy in evaluation ... net interest reduced by the value of the tax deduction the company received on its debt payments.

You can calculate the rate using only your federal tax liability ... minus the standard deduction or your itemized deductions. For the 2024 tax year, the standard deduction is $14,600 if you ...

In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

S-corporation owners may deduct home-office costs by reimbursing through the company. To benefit, expenses must be documented and done under fringe-benefit rules. Deductions are limited by the S ...

If we assume an effective tax rate of 15 percent after various deductions and credits, an elimination of the B-SALT deduction would increase the taxable incomes of fossil fuel producers by that 10 ...

Both Labor and the Coalition have announced tax concessions ahead of polling day on May 3. Here's how much you could potentially save under Labor or the Coalition.

Under the new income tax regime, taxpayers can now avail of a standard deduction of up to Rs 75,000, which makes an annual ...