The budget bill does not expand a tax provision that exempts student loan forgiveness received from income taxes in most ...

This question may seem simple, but the answer is not so easy. In fact, there are experts who make their living answering just ...

If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

As a U.S. citizen, the man formerly called Cardinal Robert Prevost technically is required to file returns to the IRS.

The One Big Beautiful Bill Act is currently written to eliminate $267 billion in federal funding from the Supplemental ...

To pay for the $15.1 billion of housing tax incentives in the Housing Assistance Tax Act of 2008 (the Housing Act), Congress passed several offsetting revenue raisers, including tightening the ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

SentinelOne, Inc. (NYSE: S) today announced financial results for the first quarter of fiscal year 2026 ended April 30, 2025.

The two companies may gain shelf space if competitors that are more reliant on China struggle to acclimate, J.P. Morgan said in a research note Tuesday.

The government explained that the tax reform initiatives are designed to empower Nigerian youth economically and socially.

Most homeowners are aware of the homesale exclusion, a provision of the tax laws which provides that homeowners who sell their principal residence typically do not need to pay taxes on as much as ...

Benefits are front and center of the political debate once again after Republican-backed tax bill attracted attention for a series of cuts. So is a cut to Social Security taxes on ...