He is also the author of the twice-weekly D.C. Diagnosis newsletter ... to find hundreds of billions of dollars in savings to fund tax cut extensions, some lawmakers are hinting at a potentially ...

Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular ...

Save money now, lose money in the future — that’s the gamble of supporting a tax cut on Social Security benefits without a thorough plan, experts say. President Donald Trump has mentioned ...

You have to fill out a worksheet ... can pay your bill directly through tax software or your tax preparer. There are also online, mobile, and mailing options, including IRS Direct Pay, EFTPS ...

The recent market turmoil has put Rachel Reeves in a precarious position. The Chancellor has made clear she will not budge from her self-imposed fiscal rules, which set out how much the Government ...

You can gift funds for a down payment and avoid a gift tax if you stick within the IRS exclusion amount, which is $19,000 per year for 2025. Giving your child money toward a down payment can help ...

It’s not just Harvard that will pay. As Republicans hunt for revenues, the tax on private college endowments could be raised and broadened. We found 127 schools that might be vulnerable.

Six tax-exempt cultural institutions taking part in the city’s free Sundays museum initiative for Boston schoolchildren and their families have been relieved of their PILOT payment responsibilities.

ROANOKE, Va. (WDBJ) - In case you haven’t filed your state individual income taxes, the filing and payment deadline for Virginia is Thursday, May 1. And some taxpayers affected by storms in the ...

Spanish banks including Banco Santander SA, BBVA SA and CaixaBank SA are looking to spread the annual payment of a windfall tax over four quarters rather than making a single upfront disbursement ...

Amit Maheshwari, Tax Partner at AKM Global, said the deductibility of settlement payments under Section 37(1) of the Income-tax Act, 1961, has long been a subject of judicial debate, particularly ...

Even if you've already filed, the payment extension still applies. And, it’s not just Tennesseans who benefit. If you live outside the state but either work in Tennessee or do business there, you're ...