Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says workers earning the new minimum wage or slightly more will be fully exempted from pay-as-you-earn (PAYE) ...
As the government’s revenue from personal income tax rises, it will likely face greater scrutiny and higher taxpayer expectations regarding the tax system's efficiency, transparency, stability, and ...
Under the new law, surviving spouses will qualify if their loved ones “died in the line of duty.” Increasing the Veteran property tax exemption from $4,000 to $10,000 and creating a provision to ...
The estate tax, along with the rest of the Tax Cuts and Jobs Act, is slated to sunset at the end of 2025. If the estate tax exemption reverts to the pre-TCJA amount, it will represent the biggest ...