As Ghana's social media influencers and celebrities continue to flaunt extravagant birthday gifts, including luxury vehicles and substantial cash sums, existing tax legislation requires them to pay ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

But if you’re among the lucky few to inherit a home, there are legal and tax implications. Things get more complicated if the ...

Last summer, after years of bouncing from rental to rental, Brianna Racoosin bought her dream home, a two-bedroom condo in East Williamsburg, Brooklyn. To cover the $1.1 million price tag, Racoosin, ...

My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give ...

A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax ...

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday rejected reports of an extension in the deadline for filing income tax returns for Tax Year 2025, reiterating that September 30 remains the ...

The Federal Board of Revenue (FBR) on Monday clarified that the deadline for filing income tax returns for the tax year 2025 will not be extended beyond Sept 30 (Tuesday), contrary to media reports.

Tax season will be here before you know it. While April 15 might feel far away, we know firsthand how stressful tax prep can be — and how daunting the task of choosing tax software that meets all of ...

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday said taxpayers must file their income tax returns by midnight tonight, reiterating that the deadline for the 2025 tax year will not be extended ...

"Income (loss) before income taxes." "Net income (loss) available for Dow Inc. common stockholders." The income tax effect on ...