The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...

While President Trump spearheads federal talk on tips, several key states are considering ending taxes on tip income.

Early withdrawals. Those who want to take money out of their 401 (k) account before age 59 1/2 for other reasons may be ...

In total, the campaign has now reached over 200,000 signatures and is rising daily. Alan Frost, who started the petition, has requested that the government raise the income tax personal allowance from ...

Before you retire, you want to make sure you have plenty of income to cover your spending needs. But, you may want to retire with more than the minimum amount necessary to fund your lifestyle. In fact ...

Another tax season, another tax filing debacle: the Canada Revenue Agency on March 11 announced its systems were not yet ready for personal tax filings that include capital gains.

RentRedi, the fastest-growing all-in-one property management software that makes renting easy for both landlords and renters, has released the findings of its Landlords Tax Preparation Trends Survey ...

Millions of households across the country could be eligible for savings of up to 90 per cent off their water bills - here's who can apply ...

A petition urging Chancellor Rachel Reeves to raise the tax threshold for state pensions in this year's Spring Statement has now been signed by 84,000 people ...

Brazil’s government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an expanded tax exemption for individuals with lower incomes, two sources ...

You can use your Isa to provide your family with a source of tax-free money. The trick is to choose investments that pay out ...

Financial professionals can help families and individuals plan for a fulfilling future in a shifting retirement space.