Corresponding amendments have been made by the Finance (No.2) Act, 2024 in the provisions under the second regime whereby, with effect from 1 st October 2024 trusts or institutions desirous of ...

Making incorrect assumptions about tax brackets, tax-loss harvesting, charitable giving, estate taxes and more can cost you ...

Estate tax repeal may happen. What does that mean to your planning? (The answer is not to do nothing). Your will/revocable ...

The fund has sat empty for nearly 15 years, as funds would only be allocated to it if lawmakers approved a sales tax increase ...

A Family Investment Company (FIC) is a type of private limited company used by families to manage and pass on wealth ...

Generation-skipping trusts can be effective wealth-preservation ... Generation-skipping transfer tax rates have risen and fallen over the years with a high of 55% in 2001 and 2011, and a low ...

The Iowa Senate State Government Subcommittee on Wednesday advanced Senate Joint Resolution 6, which would initiate the ...

Romanian prime minister Marcel Ciolacu revealed plans to cut 1,800 civil servant positions (13.5%) from 32 institutions under the government's authority during press statements on Thursday, February ...

Forty-one U.S. states do not tax Social Security benefits. However, nine states still do—each with varying rules based on the ...

The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...

There’s a lot happening in the federal government, and American retirees could see changes in their budgets and benefits as a ...