What, exactly, is a classic car? Is there just one kind? And what does a "classic car" designation mean for its tax status?

The House Ways and Means Committee approved a plan to make distributions of up to $29,200 a year from an Individual ...

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by ...

New Tax Bill, 2025 proposes this positive change for tax free perquisite value for salaried employees; Know how it may affect ...

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

The alternative minimum tax (AMT) is a separate way to calculate taxes that makes sure high-income earners pay at least a ...

When does no tax on overtime start in California? Dive into California’s overtime tax exemption bill and see if overtime pay ...

State Sen. Blaise Ingoglia is all for getting rid of property taxes if he could, he told a Capital Tiger Bay luncheon crowd ...

Tasos Katopodis / Getty Images Earnings not subject to income tax, whether federal or state, are referred to as exempt income. Exempt income is income that's not subject to income tax.

The Cyprus Association of Research and Innovation Enterprises (CARIE) has put forward a number of proposals for enhanced tax ...

John Ioannou is a Principal Lawyer and National Head of Tax at Macpherson Kelley in Brisbane. Thomas Abraham is a Special ...

Tax season is never fun, and can indeed be an extraordinarily stressful time, especially for those living on fixed incomes, ...