Post Office Savings Accounts (POSA) provide tax exemptions under the new tax regime, with unique advantages over conventional ...

US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from ...

South Carolina lawmakers have proposed a new flat tax rate of 3.99% starting in 2026, aiming to shift from the current ...

The revised income tax structure will introduce updated tax brackets starting from April 1, 2025. Individuals earning up to Rs 12 lakh annually will be exempt from paying taxes under the new regime.

Maryland leaders announce an agreed-upon state budget framework based on cuts and tax reform amid a $3.3 billion deficit.

Learn how foreigners can file personal income tax in the Philippines, understand tax residency, rates, deductions, and filing ...

Quezon City Mayor Joy Belmonte said local executives like herself are considering a petition before the Supreme Court seeking ...

Philippine taxation has undergone significant changes with the enactment of several tax reforms in 2024. These reforms include the Ease of Paying Taxes Act (RA No. 11976), the Real Property Valuation ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...

(Manila) – The arrest of former Philippine President Rodrigo Duterte and his transfer to the International Criminal Court (ICC) in The Hague is a historic step toward justice, Human Rights Watch ...

SEOUL (Reuters) - South Korea plans to overhaul inheritance tax codes to make them more equitable and encourage wealth transfer to younger generations, the finance ministry said on Wednesday, in ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...