If your mother purchased the home for $100,000 and it's now worth $800,000, gifting the home to you assumes that the tax basis in the property is $100,000, not $800,000 and/or the value at the time of ...

On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the “BBB”) as part of the Republican ...

Learn about tax-advantaged investments, their types, benefits, and risks. Discover optimization strategies and future trends ...

Dubai: As part of its continuing campaign to raise awareness of corporate tax among business sectors and taxpayers, the ...

Tax-loss harvesting is often presented as a short-term tactical decision but really it should be considered as part of a long-term strategic plan.

Federal retirement has been a hot topic on Capitol Hill lately, with proposed changes sparking plenty of questions. Here’s a ...

Covered call ETFs have exploded in popularity thanks to their high yields and defensive appeal. But not all funds in this ...

ITAT Jaipur held that disallowance u/s. 40 (a) (i) of the Income Tax Act untenable since amount of commission paid to a non ...

In a significant development, the Allahabad High Court has ordered an interim stay on the recovery of a substantial Goods and Services Tax (GST) demand of ₹16.85 crore, along with interest and penalty ...

Earlier, the White House threatened to take the case to the Supreme Court on Friday if its appeal was not granted.

Its price increased significantly even during presale phase, leading to meaningful on-paper gains for early investors.

Beneficiary RMDs—Under The 10-Year Rule The same planning applies to IRA beneficiaries under the SECURE Act rules requiring most non-spouse beneficiaries to withdraw their inherited IRAs by the end of ...