IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

Most taxpayers will have until April 15, to file their federal income taxes. The IRS is phasing out paper checks and ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The top court on January 15 said that capital gains arising out of the US-based investment firm’s exit from Flipkart are ...

Over the past few weeks, Treasury Secretary Scott Bessent, who also serves as the acting director of the Internal Revenue ...

Seniors in the United States aged 65 years and above and filing individually can avail up to $31,625 in deductions for tax year 2028, as per changes made by Donald Trump's The One Big Beautiful Bill ...

It’s a story as old as America itself: immigrants in this country, who sought work and opportunity in the U.S., send money ...

Treasury Secretary Scott Bessent said the exemption marked a victory for U.S. businesses over "extraterritorial overreach." ...

Rapper Offset has paid off a $1.5 million tax debt that Uncle Sam demanded amid his bitter divorce from Cardi B, Us Weekly ...

The Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from ...

More than 145 countries agreed on Monday to amend a 2021 global minimum corporate tax agreement, addressing Washington's ...

The U.S. has negotiated its way out of a landmark deal that sets a 15 percent global minimum tax. While nearly 150 countries ...