A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is ...

House Select Committee on Property Taxes members acknowledge local government leaders are voicing anxiety about possibly ...

Currently, only taxpayers with incomes below a certain threshold can electronically file their state returns for free.

The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government ...

President Trump signed an executive order banning federal funding for ‘gain of function’ research. Scientists are split on whether these virus experiments are essential or too risky to continue.

The nation’s average price of gasoline has risen for the first time in nearly a month, climbing 2 cents over the past week to $3.12 per gallon. The national average is down 12.0 cents from a ...

President Donald Trump signed an executive order on Monday banning all federal funding for "dangerous" gain-of-function research in China, Iran and other countries and blocking all federal funding ...

President Donald Trump on Monday kept a promise he made last year by signing an executive order that bans federal funding for gain-of-function research in countries like China and Iran, which is ...

During the 2024 campaign and since, President Trump has mused about replacing the income tax with tariffs. Trump believes that tariffs will put the burden of financing the U.S. government on the ...

Indeed, to truly shift from being seen as a cost center to a strategic business partner, corporate tax functions must evolve intentionally in how they operate, communicate, and contribute. Shifting ...

However, other significant expenses must be considered, including home insurance, maintenance and repair, and property taxes. Even once your mortgage has been paid off, you must still pay property ...