President Trump vowed Monday that the tax break for 401(k) plans will be kept in place under the administration's tax reform proposal, despite reports to the contrary. "There will be NO change to your 401(k)....
The tax bill unveiled by Republicans in the House on Thursday would not, as had been rumored, eliminate the tax penalty for failure to have health insurance. But it would eliminate a decades-old deduction for people...
Britain plans to cut its corporate tax rate to 17% over the next three years. But many businesses say they're happy with the current 19%, thank you very much. Make no mistake: Business leaders want...
Donald Trump vowed during the campaign to get rid of a tax loophole used by some millionaire and billionaire investors to slash their bills. "The hedge fund guys won't like me as much as they...
The tax overhaul bills passed by the Senate and House would likely to change your tax return in ways large and small -- which credits you can take, what you can deduct, how much you pay....
The tax bills passed by the House and the now the Senate include slightly more generous benefits for parents. Unless their children are undocumented immigrants. Currently, non-citizens filing taxes using an Individual Taxpayer Identification Number,...
In its frenzied rush to write a tax bill that could win enough votes, the Senate inadvertently weakened a powerful tool for promoting innovation. The research and development tax credit allows companies to write off...
Mobile workforce software from 1st Touch (www.1sttouch.com) has enabled Wulvern Housing to reduce rent arrears by helping customers overcome the challenges of Welfare Reform. Wulvern is an award winning housing association, providing affordable homes and services across Cheshire and into Staffordshire. The Association, which aims...
The income tax (I-T) department has raised a massive tax demand of about Rs 24,500 crore on troubled realty-based investment firm PACL (formerly Pearls Agrotech Corp)....
Policy in Practice (www.policyinpractice.co.uk) the UK's leading social policy software and consultancy business, has announced the launch of a Universal Benefit Toolkit. Aimed at housing associations and local authorities, this intuitive online range of universal benefit calculators and budgeting tools streamlines the calculation of benefit...