General Motors reported, on Oct. 21, its third-quarter net income was $1.32 billion, a 57% decline compared with the year-ago ...

Learn what EBIDA measures, how it compares to EBITDA, and why it's important for assessing a company's earnings excluding taxes, depreciation, and interest expenses.

Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

ITAT Jabalpur held that additions for unexplained investment in agricultural land cannot be made without proper inquiry into the co-owner’s source of funds. The case has been restored for de novo ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

"I have a Thrift Savings Plan, Roth 401 (k) and an investment account that could provide funds to sustain me for how long I estimate this will last." (Photo subject is a model.) ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

Otherwise, income brackets are "moving up for 2026, with a bigger bump for the lowest brackets because of this year’s new tax ...

Discover what per capita income is, how it's calculated, its uses in measuring wealth and living standards, and limitations like inflation and income disparity.