Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes parents’ assets to a child according to conditions they set, and it can give ...

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

LANSING — Business groups are bracing for a battle over Gov. Gretchen Whitmer's planned call for a corporate income tax increase as part of a road-funding proposal she will unveil Monday.

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

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Hoping for more aid to cope with rising budgets, municipalities eye possible increases in revenue sharing rates ...

Transferring a home to your children can offer them divorce, creditor and tax protections as well as provide a mechanism for managing the property.

Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...

LANSING — House Speaker Matt Hall said Thursday he is open to raising Michigan's corporate income tax to keep intact funding ...

Learn how funding a Donor Advised Fund (DAF) can reduce your tax liability, avoid capital gains taxes and more.

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.