The de minimis rule, which dates to 1938, had been a target of criticism from American lawmakers as a loophole that lets ...

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

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 ...

Previously, imports under $800, whether used or new, were not subject to tariffs. This “de minimis” exemption benefited eBay sellers as well as China-based ultrafast services like Temu and Shein.

Tax-Exempt Bonds: What They Are, How They Work and How to Invest Tax-exempt bonds pay interest that is exempt from either federal or state income taxes — and in some cases, both.

The tax package released by the House Ways and Means Committee doesn’t include material changes to tax-exempt municipal bond financing. Most muni bonds pay interest that’s exempt from federal tax.

President Trump on Friday said he is stripping Harvard University of its tax exempt status — escalating a showdown with the Ivy League school after it defied his administration’s efforts to ...

Washington DC Bipartisan senators intro tax-exempt advance refunding legislation By Caitlin Devitt May 01, 2025, 1:40 p.m. EDT 2 Min Read ...

President Trump on Thursday floated a wider crackdown on tax-exempt entities after his administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status ...