Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.
The tax code changes add a $6,000 deduction for taxpayers over 65 years old with a phaseout for taxpayers earning more than $75,000 a year or $150,000 a year for those married and filing jointly. This ...
Discover the benefits of swapping like-kind properties under IRS 1031 rules to avoid capital gains taxes, and learn about ...
This provision in last summer’s tax law could actually make budget-balancing a little bit easier for states if they follow ...
You'll get access to an ad-free website with a faster photo browser, the chance to claim free tickets to a host of events ...
For companies doing business in multiple states, keeping track of all the changes and responsibilities can be a daunting task ...
New concerns in Florida property tax debate; provocative remarks from a Clay County Schools rep; roofing scams; and more.
His Majesty's Revenue and Customs (HMRC) has highlighted a straightforward method for people to manage their tax and financial matters. The department reported that more than seven million people were ...
(NEXSTAR) – Thanks to a number of changes to the tax code under the One Big Beautiful Bill, Trump administration officials are projecting Americans will enjoy the largest tax refund ever in 2026. Ways ...