Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

Learn how EBITD gauges profitability before taxes and depreciation. Understand its benefits and limitations to better evaluate financial performance.

Millions of savers in the UK are at risk of an "unnecessary" tax bill this year, as billions of pounds are held in savings accounts that do not offer enough protection from the taxman. Basic rate ...

A new 2025 tax law allows qualifying buyers to deduct up to $10,000 in annual auto loan interest. Only new, U.S.-assembled vehicles weighing less than 14,000 pounds qualify for the deduction. Dealers ...

When investors want a clear picture of a company’s performance on a day-to-day basis, they turn to a time-tested metric called earnings before interest and taxes (EBIT). Using key data from an income ...

ABUJA, Oct 28 (Reuters) - Nigeria's tax agency has directed banks, stockbrokers and other financial institutions to deduct a 10% withholding tax on interest earned from investments in short-term ...

IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...

Far more Americans should use health savings accounts (HSAs) to shave their tax bills, and that will be especially true come Jan. 1.

PACIFIC COAST OIL TRUST (OTC--ROYTL) (the "Trust"), a royalty trust formed by Pacific Coast Energy Company LP ("PCEC"), announced today that there will be no cash distribution to the holders of its ...

Financial advisors serving business owners likely know the basics about business expense deductions, particularly that such deductions are allowed only for “ordinary” and “necessary” expenses paid or ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...