Unrelated Business Income Tax (UBIT) is the federal income tax imposed on the Unrelated Business Income generated by tax-exempt organizations. Unrelated Business Income consists of income the ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

Discover why investing in Brookfield Renewable Partners (BEP) over BEPC is a smart move for higher yield and distribution growth opportunities. Read the full report here.

Property owned by qualified religious organizations in Colorado may enjoy an exemption from state property tax. To enjoy ...

Gov. Josh Shapiro is expected to propose legalizing recreational marijuana, taxing popular gaming machines, and sending more ...

Duke reported financial ties with Mauritius, Bermuda and the Cayman Islands — but why would a university invest in such ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

The IRS defines distributions from MLPs as unrelated business taxable income that must be paid in the year it is realized if MLP units are held directly in an IRA. This cancels out the tax ...

A nonprofit is a tax-exempt corporation that returns its net earnings to its mission. Learn about IRS rules for nonprofits.

RXO (NYSE: RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer ...