An individual proprietorship, also known as a sole proprietorship, is the simplest business structure. It's owned and run by ...

The new tax law has changed the energy investing landscape with expanded incentives and permanent tax benefits for oil and gas production.

Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

ITR Refund Status: The Income Tax Department has started crediting ITR Refunds to bank accounts of eligible taxpayers who filed their ITRs on time. However, many taxpayers have complained that they ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday extended the deadline for filing the income tax returns for the 2025 tax year by 16 days. The notification stated that the income tax ...

Managing your finances in a tax-efficient way requires planning and understanding of the current tax laws. A key aspect of that planning is being aware of federal income tax brackets. These brackets ...

Discover 10 types of income the IRS won't tax in 2025, from certain investments to unique benefits, and learn how to legally ...

The government is under pressure to raise revenues and balance the books ahead of November’s autumn Budget statement. And new economic analysis has revealed which tax rise will be the better option ...

The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you. While the tax rate ...