News

The Tax Adviser15h
Integrating personal financial planning into individual income tax courses
Examining a personal financial planning scenario can help students develop the application and analysis skills necessary to ...
The Tax Adviser15h
Tax planning for inpatriates
Another item for U.S. inpatriates to consider is potentially having to pay taxes on foreign currency gain when they pay off their non – U .S. mortgage. If an individual pays off a non – U .S. mortgage ...
The Gazette2d
Volunteer Income Tax Assistance program brings back $2.8 million in tax returns
Volunteers with the Volunteer Income Tax Assistance program returned more than $2.8 million to residents in a five-county ...
The Dispatch–Argus8d
How is equity taxed? A clear guide to RSUs, ISOs, NSOs, and ESPP
Range helps you understand how each type of equity is taxed and equips you with actionable insights to make informed ...
Hosted on MSN16d
House Tax Bill Adds MAGA Accounts And Expands 529 Plans
The bill extends some student loan tax breaks and eligible expands 529 plan expenses. ・Calls for the creation of a new "MAGA Account" for childhood savings. The House Ways and Means Committee's ...
Wall Street Journal17d
‘MAGA Accounts’: What to Know About the $1,000 Child Savings Pitch in the Tax Bill
It is a new tax-preferred savings account for children called the “money account for growth and advancement,” or MAGA account. It would be created and funded by the Treasury Department with $ ...
Hosted on MSN21d
What Is A Taxable Or Tax-Deferred Account?
Use our guide to decide which assets belong in a taxable account and which go into a tax-advantaged account. Reservoir levels falling as drought warnings issued Trump’s 'Art of the Deal ...
The IRS Dropped Paper Checks—How This Affects Your Tax Refund
The U.S. Treasury is phasing out paper checks by September 2025. Here’s how this change could impact your next IRS tax refund ...
The Nation Newspaper1mon
FIRS orders banks to close illegal tax collection accounts
Banks have been directed by the Federal Inland Revenue Service (FIRS) to identify and shut down any tax and levy collection accounts not authorised under the agency’s TaxPro Max system.
The Nation Newspaper1mon
FIRS orders banks to close unauthorised tax collection accounts
The Federal Inland Revenue Service (FIRS) has instructed banks across the country to immediately identify and shut down any tax and levy collection accounts not authorised under the agency’s ...
The Punch Newspapers1mon
FIRS orders banks to close unauthorised tax collection accounts
The Federal Inland Revenue Service has directed banks across the country to immediately identify and close any tax and levy collection accounts not authorised under its TaxPro Max platform.
al.com2mon
Tax cut on income from retirement accounts wins approval in Alabama House
A bill to increase a state income tax exemption on income withdrawn from individual retirement accounts and 401(k) accounts has passed the Alabama House of Representatives. Taxpayers 65 and older ...