The Alternative Minimum Tax (AMT) places a floor on the amount higher-income taxpayers must pay regardless of credits or deductions taken on their taxes. The AMT’s income level and phase-out ...

As tax professionals scour for strategies that can save clients money while bolstering their financial positions, among the most innovative options available are alternative investments offering ...

ECONOMYNEXT – Sri Lanka has negotiated with the International Monetary Fund to raise the income tax threshold to 150,000 rupees a month from the current 100,000 rupees, President Anura Kumara ...

The alternative minimum tax exemption is also set to increase to $85,700 for individuals, phasing out at $609,350, and $133,300 for married couples filing jointly, phasing out at $1,218,700.

2025 promises to be a very big year for tax legislation. Having the White House, House and Senate all in control of the same party increases the likelihood that major tax legislation can be agreed ...

Missouri Republican Senator Josh Hawley has called for child tax credit to increase by 150 percent to a maximum of $5,000 per child, more than doubling the current limit. Newsweek contacted Hawley ...

What is the Alternative Minimum Tax (AMT) exemption for 2024? The AMT exemption for 2024 is $85,700 for single filers and $133,300 for married couples filing jointly. What does the future of tax ...

“As practical and cleverly designed as you’d hope from Volvo. The EX90 is the best electric family SUV available right now” The first genuinely convincing premium school run car of the ...

Aurora Labs, a software development company behind Aurora, is launching TurboChain and TurboSwap, the two new additions to the TURBO ecosystem, based on information shared with Finbold on Tuesday, ...

Here are other changes to keep in mind during tax season. One change noted by the IRS relates to the alternative minimum tax exemption (AMT). Some tax benefits can significantly shrink a taxpayer ...

Just last month, Volvo revealed an updated XC90 plug-in hybrid and traditional hybrid lineup. In an attempt to make a plug-in more enticing, the T8 version offers 33 miles of pure electric range.

As the brand's flagship car, the Volvo EX90 goes big on technology but retains some Scandinavian design to give it a unique presence in the premium SUV market. The interior quality is as you’d ...