From April 2012 the rate of inheritance tax is 36% (from 40%) for estates leaving 10% or more to charity.

Former Assistant Treasurer Stephen Jones was adamant that this will be a minimal change for the majority. He also confirmed ...

Now that tax season has arrived, you might be wondering whether or not you’ll owe the government money this year. How much ...

Donaco International Ltd, an operator of border casinos in Cambodia and Vietnam, has flagged a delay in the deal that will ...

Part one of the current two-year legislative session at the State House was a sprint to the finish line this week in Columbia.The Gen ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

The House Ways and Means Committee on Monday released a fuller version of its part of Republicans’ bill full of President ...

lowering their tax liability. Under the new bill, the deduction would rise to 23%. This follows Mr. Trump's campaign pledge to eliminate taxes on tipped income, but it would apply only from the ...

But there’s good news. Those losses can actually wipe out your tax liability if used wisely. For taxpayers dealing with both long-term and short-term capital losses in FY 2025–26, the Income ...

Pass-throughs are businesses designated as partnerships, sole proprietorships, LLCs and S-corporations that pass their tax liability on directly to their owners. The vast majority of U.S ...