Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...

The Idaho State Tax Commission recently released its latest annual tax burden study and the findings confirm that Idaho is on ...

Graph reveals how UK tax burden will hit record high after Spring Statement - Income tax and national insurance contributions ...

Income tax and national insurance contributions are the main drivers behind the jump in the overall tax burden.

American expats considering retiring abroad must carefully plan their investment and tax strategies before moving so as to ...

By implementing these reforms, Bangladesh can create a fairer and more efficient tax system that does not place unnecessary burdens on low-income earners. The goal of taxation should be to ensure ...

Tax season is upon us and there are numerous ways to file your taxes for free, especially if you meet certain income requirements or have a simple tax return. Some programs are offered directly by ...

Standard Deduction: Under Section 24A of the Income Tax Act, 1961, a 30% standard deduction on net annual value is allowed by the government for let-out properties. These are aimed at covering repairs ...

The Cornwall company is reportedly making the job cuts to safeguard its future blaming increased tax burdens following the Chancellor’s budget. It is not known how many redundancies would be made but ...