Tax season can feel overwhelming, especially for baby boomers who may be navigating retirement plans, investment portfolios ...

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 ...

GIFT City has made steady progress, with over 740 entities registered and banking assets crossing $78 billion by December ...

A lot of ship leasing currently happens from places like Singapore where the flagging regulations are liberal, said Chakra.

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

Gov. Janet Mills has warned against such broad-based tax reforms and Republicans have already vowed to oppose any tax ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

Savers are ripping up and rewriting their wills in an attempt to dodge Rachel Reeves’s inheritance tax raid. Law firm Irwin ...

Speculation is mounting that the government may charge inheritance tax on pensions and extend the seven-year gifting rule. So ...

“Now, there will be no income tax on income up to Rs 12.75 lakh as the standard deduction benefit of Rs 75,000 is available to the salaried class,” he said.