Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...
The 2025 tax season is under way and the tax deadline is just around the corner on April 15. While all Americans are subject to the same federal tax laws, living in one state can lighten the tax ...
Inheritance tax is a levy imposed on individuals who inherit money, property, or other assets from a deceased person. Inherited assets can be received through a will, succession, nomination, or joint ...
A third of the private asylum accommodation providers earning millions in State contracts are tied to offshore tax havens, ...
This guest blog is the second in a series exploring the five demands of the 2025 Global Days of Action on Tax Justice for Women’s Rights.
Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer ...
Definition: Progressive tax is the taxing mechanism in which the taxing authority charges more taxes as the income of the taxpayer increases. A higher tax is collected from the taxpayers who earn more ...
Here are some important points to know: 1. Income Tax Structure: India has a progressive income tax system, meaning tax rates go up as income increases. There are different tax brackets for ...
I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance ...