The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

How Much Do Private Equities Earn In Carried Interest? Private equity firms hold billions in investments that are eligible ...

The new bill proposes the application of TDS rules to various types of income, including salaries, professional fees, ...

Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

In respect to a property or its part held as stock-in-trade and not let wholly or partly at any time during the tax year, the ...

Rachel Reeves has wiped out the £9.9bn headroom she left herself to borrow and may be forced to raise income tax to cover the ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...