When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

After a marathon debate that lasted into the night, the Wyoming House passed a massive 50% property tax cut. It’s a win for ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

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Joseph J. Thorndike examines how tariff policy in the 19th century slowed the introduction of the modern income tax.

The GST Council never recommended Notification No. 56/2023-CT, still the notification falsely stated by the Govt. as that it ...

Trump's sweeping tariff strategy is bigger than his first-term in office. BI broke down what the trade war means for ...

Tax and fiscal practitioners who have observed the annual budget presentations over half a century recognise the fact that the euphoria emanating from the event evaporates into ether in a matter of ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

There is plenty to hash out between Republican and DFL plans to improve Minnesota’s roads and bridges, but one component of a plan passed in the GOP-controlled Senate may turn heads locally.

In its first year, Kirkland Lake’s municipal accommodation tax (MAT) brought in almost $300,000 to the municipal coffers.