On social media, the Oklahoma governor reshared his video with the comment: "The only thing I’m planning on shaving is the ...

The budget has created a tax arbitrage for non-resident Indians (NRIs) investing in unit-linked insurance plans (Ulips) ...

The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

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

Financial services company Fidelity International says it is possible to save up to £18,800 with some clever tax-planning ...

New York is one of twelve states that has a separate estate tax. New York’s estate tax exemption is lower than the federal ...

Pensions are going to become liable for inheritance tax like other assets such as property, savings and investments starting ...

Inheritance tax receipts are on the rise and experts have warned that gifting money to loved ones could have implications for ...

A key federal estate, gift and generation-skipping transfer tax exemption included in the Tax Cuts and Jobs Act (“TCJA”) is scheduled to expire on December 31, 2025.

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...