Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

Kansas lawmakers introduce a proposal to end tax on tips, mirroring a campaign promise of President Donald Trump.

Government of India has not conducted an assessment of the impact of the Insolvency and Bankruptcy Code (IBC) on tax revenue loss. Under Section 53 of the IBC, government dues, including indirect ...

Gov. Wes Moore (D) used his third State of the State address to call for bipartisan cooperation from lawmamers to solve the ...

This story was originally published by Grist with the headline In Seattle, advocacy groups pitch ‘social housing’ as a ...

Qualified Opportunity Funds (QOFs) offer generous tax incentives but are bound by a complicated set of rules, not to mention the complexity ...

House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...

Meanwhile, it has been confirmed no protocols were broken by Donegal in their presentation of gifts to match officials ...

The U.S. Department of the Treasury and IRS on Jan. 10, 2025, released initial guidance regarding the production tax credit (PTC) for clean ...

Cencora, Inc. (NYSE: COR) reported that in its fiscal year 2025 first quarter ended December 31, 2024, revenue increased 12.8 percent year-over-year to $81.5 billion. On the basis of U.S. generally ...

An Indiana-based developer has pivoted its plans for the former site of the La Fun Motel in Manitou Springs to affordable ...

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...