The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the ...

Prime Minister Benjamin Netanyahu asked Israel’s president to pardon him preemptively, before any verdicts were reached in ...

This Mississippi destination packs serene lakes, lush parks, and a thriving community, creating the perfect setting for ...

Revenue department data indicates many homeowners are seeing lower taxes this year. More shifts will come with next year’s ...

Revenue’s claim of short-term gains was rejected; ITAT held that shares received as a gift inherit the donor’s acquisition date and holding period, validating LTCG and section 54F ...

Labor tensions and rent-control fallout opened the door for challenger Kaohly Her, St. Paul’s incoming first Hmong American ...

ACC Director General Akhtar says officials submit reports to the commission solely on the basis of “evidence and documentary ...

New Yorkers will pay more for wind and solar if Hochul doesn’t sign property tax legislation in the coming days, the industry ...

The 2025 gift tax exclusion allows $19,000 in tax-free gifts per person, helping high earners manage future estate taxes.

Separately, the lifetime gift and estate tax exemption (the amount you can transfer over your lifetime and at death before paying federal estate or gift tax) is scheduled to rise to an ...

Estate and gift tax rules are shifting quickly, and the window to lock in today's generous exemptions is closing as the 2026 ...