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The president warned that any ruling against him could ‘shatter’ the ‘financial fabric of our country,’ portraying the stakes as nothing less than catastrophic.

The Congressional Budget Office’s latest projections help allay fears over the fiscal fallout of Donald Trump’s tax legislation.

Reaching a certain age unlocks a range of tax advantages that younger workers can’t access, offering seasoned earners unique financial opportunities.

When Trump’s sweeping tax bill was signed into law on July 4, it notably excluded any changes to the tax treatment of third-party litigation funders.

The United States and the Group of Seven nations have reached an agreement to back a proposal that would exempt U.S. companies from certain elements of an existing global tax framework, according to a statement released by the G7 on Saturday.

Lloyd’s has issued a statement commending the decision to remove Section 899 from the Republican reconciliation bill—a provision that, if enacted, could have imposed significant additional taxes on the U.S. income of businesses domiciled outside the country.

If anyone in your household was enrolled in a Marketplace plan in 2024, you should receive Form 1095-A, Health Insurance Marketplace® Statement, by mail no later than mid-February. You may also be able to access it in your Marketplace account as early as mid-January and no later than February 1.

CPAs are revolutionizing their workflows—from automating emails and drafting technical memos to analyzing data and executing marketing strategies.

Form 16 for ITR filing: Higher standard deduction for these taxpayers to other changes in Form 16 for FY 2024-25 (AY 2025-26) It will primarily show the following three changes for certain taxpayers. Read on to know more about the changes and how they will impact ITR filing for salaried employees