The Institute for Fiscal Studies (IFS), a leading economic think-tank, suggested that unspent cash in defined contribution funds should no longer be exempt from the death tax.
Under American pressure, Israel has pledged to deliver large quantities of humanitarian aid into the war-ravaged Gaza Strip. But at the same time, the U.S. and Israel have allowed tax-deductible donations to far-right groups that have…
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax agencies and private tax industry organizations — said Tuesday (July…
The annual tax holiday prior to the start of the school year begins soon, and Apple has detailed exactly what products are eligible for tax exemption and other rules for six states.
Apple recently updated its website with a list of products eligible for upcoming 2024 sales tax holidays in select U.S. states, including Alabama, Arkansas, Florida, Massachusetts, Missouri, Ohio, Tennessee, and West Virginia.
Six million savings accounts are now "at risk" of a surprise tax, new data suggests, in a brutal blow to household finances as the Cost of Living crisis continues up and down the country.
When the Pennsylvania legislature approved a budget bill that the governor has since signed into law, lawmakers accidentally left medical marijuana dispensaries out of a section providing tax relief for the cannabis industry. And it’s not…