The House Ways and Means Committee released their income tax proposals on Monday September 13. As part of that guidance was a proposal to limit the Section 199A deduction to $400,000 for single ...

Social Security numbers (SSNs) must be shown on the return for each child for whom the credit is being claimed, but also, new ...

Several of the most valuable tax breaks created by the Tax Cuts and Jobs Act are scheduled to disappear after 2025, setting ...

There are five tax benefits I've noticed seem to keep flying under the radar. Here are five choice tax benefits that are ...

Only deductible W-2 wages are included in calculating a taxpayer’s Sec. 199A qualified business income deduction.

H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

Virtus InfraCap U.S. Preferred Stock ETF offers a 9.4% yield through active management, leverage, and risk-focused portfolio construction. Learn more about PFFA ETF here.

Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

From an icebreaker sailing near the Thwaites Glacier in Antarctica, our photographer has captured the many faces of the ice. By Chang W. Lee Bayer has asked the justices to decide whether federal law ...

The snow burst through the trees with no warning but a last-second whoosh of sound, a two-story wall of white and Chris Rudolph’s piercing cry: “Avalanche! Elyse!” The very thing the 16 skiers and ...