Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Now, the physical occupation condition has been removed. Even if neither you nor your family can live in the house for practical reasons, you can still declare two houses as SOP, and their annual ...

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

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by ...

Key Takeaways - Are Personal Loans Taxable? Personal loans can be useful when you need extra funds, since you can use them for a variety of purposes. With a personal loan, the lender gives you a lump ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Internal Revenue Service recently issued final regulations (final regs) imposing a tax on U.S. citizens, residents and ...

But it’s dollar-for-dollar, meaning the amount you ... t trigger a tax refund. Another example of this type of refundable tax credit is the earned income tax credit (EITC).

US President Donald Trump has removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to ...