News

The House plan would disproportionately benefit top earners and sacrifice significant federal revenue — without increasing ...
Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...
If Congress doesn’t fix a drafting error in current legislation, a host of small businesses could see a tax increase.
House Republicans have advanced part of Trump’s tax bill. But the ‘SALT’ deduction is still in limbo. Here’s what to know.
The National Retail Federation has backed a House tax proposal it sees as key to job growth, investment, and economic ...
Below, ahead of two key snapshots of Canada’s economic health, we look at how that uncertainty tax is hitting smaller businesses – and being passed along to consumers. Trade: As Prime Minister ...
He mentioned a bill that would "prevent an enormous tax hike" on Main Street by making the small business deduction permanent, which is being passed around Congress. He said it would also provide ...
Here are five tax deductions every savvy real estate investor ... In other words, the travel must be for business purposes. Don’t try to claim a weekend getaway to Vegas as a “site inspection.” ...
The world of retail has always been at the forefront ... With nine out of 10 of e-commerce businesses using AI in their current operations, we’re at an inflection point where users likely ...
"I've seen a lot of small to medium-sized businesses just choose to exit the market altogether," she added. Players willing to continue to access the U.S. market are forced to hike their price tags.
Bloomberg News estimated in an analysis that Harvard’s tax benefits totaled at least $465 million in 2023. The university also indirectly benefits from the tax deduction that its donors receive ...
including a more attractive new tax regime and updated capital gains rules, financial planning needs a fresh lens. And if there’s one clear takeaway, it’s this: deductions are the deciding factor.