Air cargo shipment volume from Asia has declined by double digits since the U.S. cancelled a tax-free exemption for low-value ...

The sweeping tax package known as the One Big Beautiful Bill (OBBB), which passed on July 3 and is expected to be signed by ...

But exceeding the limit doesn't necessarily result in owing tax, thanks to a high lifetime estate and gift tax exemption. The 2024 lifetime estate tax exemption was $13.61 million (double for ...

HMRC has issued a £1000 warning to eBay, Vinted, Etsy, Facebook marketplace and Air BnB users. HM Revenue and Customs (HMRC) is encouraging those with side hustles and second jobs earning more than £1 ...

The deadline to submit a Self Assessment tax return online and pay any tax owed for the 2024 to 2025 tax year is 31 January ...

Credit unions have held this tax exemption for nearly 100 years. It is a recognition of their not-for-profit, member-owned structure. But recent discussions on Capitol Hill have sparked concern ...

The 12% rule is in place related to local property taxes because the exemptions mean that businesses in a TIF aren’t paying into the local property tax base yet are using local resources.

The bill creates an exemption to a statewide 12% limit on the amount of property in a municipality that can be part of a TIF. The 12% rule is in place related to local property taxes because the ...