Option 1: Client A can loan the R5 million to the trust, creating a loan account on which interest will need to be charged ...

Accounting students at Montana State University are gaining experience by offering to assist with preparing tax return.This ...

If lawmakers fail to extend these provisions, 62% of filers would see a tax increase. A failure to extend the TCJA’s ...

Kentucky residents will be taking home more money. Governor Andy Beshear signed House Bill 1, into law lowering the individual income tax rate.

As per RBI norms, resident individuals can remit up to $250,000 per financial year for various permissible capital and ...

Individuals with large debts or dependents: If you have co-signed loans, outstanding debts or other financial commitments — ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

The Indian government is closely monitoring high-value financial transactions using data analytics and inputs from various agencies to curb tax evasion. If an individual is conducting significant ...

Negotiations at the United Nations may gain new impetus after President Trump rejected the Organization for Economic ...

Here are two ways that investors with a lump sum to spend could target a large passive income with FTSE 100 shares.

NBR cancelled two tax benefits: the income tax exemption for the Shuchona Foundation and the tax exemption on donation amounts made by individuals and organisations to the foundation ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...