Since the rental income is your spouse’s, it cannot be taxed in your hands simply because the rent payment was credited to your NRO account.

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...

Proposed by Johnston and referred to voters by the Denver City Council, Ballot Issue 2R would have raised an estimated $100 ...

Trump campaign economic adviser Steve Moore discusses the cost of President-elect Trump's economic policies on 'Your World.' ...

CAMDENTON, Mo. (KY3) - Voters in Camden County passed a ballot question that would raise personal and property tax by 15 ...

The city of Fulton in Oswego County had the highest full value property tax rate among cities in Central New York in 2024, ...

Her office suggested that a new internet sales tax or payroll tax could help to make up the money lost by lowering the fee, ...

There are expectations that Elon Musk, Tesla CEO and vocal supporter of President-elect Donald Trump, will play an advisory ...

Gov. Jim Pillen is officially calling on Nebraska lawmakers to address “inconsistencies” in the state’s main school aid ...

I learned this firsthand during President Bill Clinton’s first administration. After he was elected in 1992, Clinton passed ...

The Biden-Harris administration is set to finalize a tax on methane emissions from U.S. oil and gas producers Tuesday.

Under the new law, surviving spouses will qualify if their loved ones “died in the line of duty.” Increasing the Veteran property tax exemption from $4,000 to $10,000 and creating a provision to ...