If you choose to itemize deductions, you'll have the option of sales tax deduction and the local sales tax you paid, or to deduct the income tax.

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, ...

It’s never been easier to run an online business. With a few clicks, you can launch a store, market to customers worldwide, ...

Property taxes are the biggest share of the city’s revenue, making up 20% of the general fund that’s used to pay for most ...

The CII is a crucial metric used to calculate inflation-adjusted asset prices, particularly for computing long-term capital ...

Key Takeaways Bitcoin sales in India are taxed at a flat 30% plus 1% TDS, regardless of profit size or holding ...

The stated intent of Pennsylvania House Bill 985 is to divert liquor tax revenue to provide grants to municipalities with tax ...

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

Kicking off America’s 250th birthday celebration, President Donald Trump’s "big beautiful bill" is unleashing growth and ...

Albuquerque offers all the benefits of the sunny Southwest, plus a low cost of living and convenient access to the rest of the planet.

One of the fundamental premises of fair taxation under capitalism is the notion that taxes are assessed on profits when an ...