Under the tax rules, amounts received for damage to property, including property insurance payments, are treated as sales ...

HMRC has issued a warning to hundreds of thousands of households receiving letters in the post. As the financial year ends, HMRC sends letters to taxpayers if their tax payments don’t align ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Our world is an increasingly noisy, busy and concerning place. For a moment, let’s set aside the really difficult challenges that our state and country are facing. The world continues to spin, after ...

Keir Starmer has been at pains to say that Labour’s number one mission is economic growth. But while policy announcements are ...

A pair of bills aimed at closing loopholes that may make it too easy for Montana property owners to qualify for hefty ...

They have called for policies that benefit a wider group of people, particularly women. This approach would help bring more people into the tax system and improve the country's tax-to-GDP ratio, which ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

During a meeting on Feb. 6, President Donald Trump told Republican lawmakers that he is prioritizing ending a tax break popular among investment fund managers. The same day, a group of more than a ...

(NewsNation) — The U.S. tax code may be notoriously complex ... which reduces your taxable income but not your tax bill. For example, let’s say a tax credit and a deduction are both valued ...