Strategies can include accelerating income recognition or deferring deductions, certain tax elections, and optimal use of AMT ...

President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.

The tax year adjustments described below generally apply ... an increase of $1,100 from the amount for tax year 2023. The tax items for tax year 2025 of greatest interest to many taxpayers include ...

With so many head-spinning changes happening this year, it’s hard to focus on anything else, but there could be good news for the 2025 tax season. New adjustments have been made and keeping up ...

Inflation has been on many people's minds lately, especially when you go to the grocery store for a few items and leave ... makes annual inflation adjustments to many tax provisions, which could ...

These will be in place through the 2025 fiscal year, after which time, with no Congressional action, the tax rate will increase for all except the lowest. The annual adjustment is designed to ...

However, the administration has indicated that it will also consider whether the country has a VAT and border tax adjustment. Economists do not typically consider VAT systems to be trade barriers.

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the check to allow input tax adjustment in the sales tax returns to 21 companies ...