Before the TCJA, alimony payments were tax deductible for the payor and taxable income for the recipient.[3] This provided a tax benefit to the payor but created a tax liability for the recipient, ...

Certain portions of future regulations that will put the proposed RMD regulations in final form will apply beginning in the 2026 distribution calendar year, according to an IRS announcement.

Certain portions of future regulations that will put the proposed RMD regulations in final form will apply beginning in the 2026 distribution calendar year, the IRS says in Announcement 2025-02.

While the debt service number is directly tied back to the district’s 2019 bond referendum, Wald gave two major reasons for ...

Find out what were the important issues and changes for startups and SMEs in 2024, how they were impacted, and what will ...

On 12 December, Lithuania’s unicameral parliament (Seimas) swore in a new government led by Gintautas Paluckas, vice-chair of the Social Democratic Party (LSDP). The coalition also includes the Union ...