A day after offering Canada a one-month reprieve on punishing, virtually across-the-board 25% tariffs, President Donald Trump has threatened new tariffs as soon as Friday on Canadian lumber and ...

Joel A. Lee, CPA, Director of the Virgin Islands Bureau of Internal Revenue, announces the 2025 Earned Income Tax Credit seminars. These free seminars are being offered to provide tax guidance and ...

The deadline for low-income homeowners in Philadelphia to apply for a new property tax relief program aimed at preventing families from being displaced by gentrification may be extended until Sept. 30 ...

Virgin Islands residents can learn how to maximize their tax refunds at free seminars on the Earned Income Tax Credit, hosted by the Virgin Islands Bureau of Internal Revenue. The sessions, led by ...

UBTI is income earned by a tax-exempt entity from activities unrelated to its exempt purpose. Unrelated Business Taxable Income (UBTI) is the income earned by a tax-exempt entity from activities ...

On top of gifts out of surplus income, every individual gets a £3,000 annual exemption. Not many realise this can be carried forward for one tax year – so you could give away £6,000 if your ...

Like other income, capital gains are taxed. Let's examine which capital gains tax rate applies to which investments. The capital gains tax is a tax on the net profit from the sale of an asset ...

Overtime Pay: Exempting overtime pay from income tax would allow workers to retain more of their hard-earned income, potentially increasing take-home pay and boosting economic growth. Tips ...