The International Ethics Standards Board for Accountants said Tuesday its first global Ethics Standards on Tax Planning, ...

The costs of estate planning can be significant and used to be tax deductible. The Tax Cut and Jobs Act eliminated this tax benefit, at least for now.

Child Tax Credit. The CTC was increased from $1,000 to $2,000 per qualifying child. This higher tax credit will revert to pre-TCJA levels in 2026 to $1,000 per qualifying child. Alternative Minimum ...

With the provisions of the 2017 Tax Cuts and Jobs Act slated to sunset at the end of next year, tax planning today looks suspiciously similar to what it was at the end of 2010, when the Bush tax ...

National Economic Council director Kevin Hassett addresses the impact of extending tax cuts in President Donald Trump's 'big, beautiful bill' on 'Making Money.' Piper Sandler senior economist Jake ...

The tax-saving instruments, which were considered to be needed, are losing their charm since the current regime has withdrawn several significant deductions under Sections 80C, 80D, and 80CCD(1).

Tax planning isn’t glamorous. It doesn’t trend on social media or dominate dinner conversation. However, for high-earning tech professionals, it could be the smartest mid-year move you make.

Many of us consider tax planning as some last-minute year-end activity and apply little thought to it. It would do your finances a world of good if you changed that mindset in 2023.

The first step towards tax planning is understanding the components of your salary slip. "Finding out what comprises your salary and if tax is being deducted on your income helps you plan to save ...

New Planning Instruments: The estate planning industry would likely introduce innovative financial instruments and strategies to mitigate the potential impact of this tax policy shift.

“Tax planning helps you reduce tax burden by taking advantage of various exemptions, deductions, and tax-saving investments available under the Income Tax Act. Utilising instruments such as ...