DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS altogether. But filing a ...

It's time we recognize the singular importance of carried interest to economic progress and cease penalizing it altogether.

Just as the bloated level of estimates of billionaire fortunes causes us not to consider the possibility those fortunes may ...

UK private equity fund managers will be less competitive if the government goes through with its plan to impose new ...

Navigating the complex world of taxes can be daunting, especially when it comes to understanding which types of income are ...

Furthermore, the TCJA put a $10,000 cap on the state and local tax (SALT) deduction. If the cap is retained once the TCJA ...

Summary: Income Tax Bill 2025 was introduced in Parliament on February 13, 2025, as announced by Finance Minister Smt. Nirmala Sitharaman during her budget speech on February 1, 2025. This proposed ...

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

Prior to the amendments in July 2024, as per section 111A of the Income Tax Act, 1961 (the Act), STCG on listed securities were taxed at 15 per cent. However, after amendment made by Finance (No.2 ...

Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes about income taxes and small business accounting. wichayada suwanachun / Getty Images Tax-exempt interest ...

The number of American who’ve already filed their income taxes is keeping up with last year’s pace.

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers ...