Ohio's intentional decisions to make homeowners pay a much bigger share of property taxes is unsustainable and threatens our ...

Under a recent tax proposal, the federal Opportunity Zone program may get extended to 2033 — with some major changes.

One item is a “longstanding priority for the AICPA and the tax profession,” a news release said. The AICPA cited the ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

For example, If your tax bill is $800 and you qualify for a $1,200 nonrefundable credit, you can only use $800 of that credit. The remaining $400 does not carry over and will not increase your refund.

The monthly increase in take-home pay from the income tax cuts announced under the new regime in Budget 2025 is between ₹2,900 and ₹9,100 across various incomes. While filing ITR-1 and ITR-4 ...

For example ... meaning they still form part of your estate. However, any investment returns from your assets remain in the trust, and fall outside your estate for tax purposes. These are typically ...

For example, you can have the check made out directly to the organization to ensure the IRS doesn’t count it as part of your income. You can search for a charitable, tax-exempt organization ...

However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Rather, it is the payee's responsibility to claim the income on his or her tax return and to pay any appropriate taxes. For example, the income you receive from freelance work is generally taxed ...

For retired investors in tax-deferred accounts, I’ve developed model Bucket portfolios using Vanguard’s lineup. In this portfolio series, tax efficiency takes center stage, with three bucket ...

For example, a California resident who buys a New York municipal bond would pay California income tax on that interest. These tax laws vary by state. For instance, some states, such as Wisconsin ...