Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on taxing interest from bank deposits. And the Department of Finance (DOF) has ...

Starting July 1, tax on interest income will increase to 20%, a move the government claims is meant to “ promote equity and ...

EBIT vs. Operating Income: An Overview Earnings before interest and taxes (EBIT) and operating income are terms that are often used interchangeably, although there is a notable difference between ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...

For Tax-Free Savings Account ( TFSA) investors, the current price offers a chance to lock in a high yield while waiting for ...

Since the IRS considers interest as taxable income, you will likely owe taxes on interest from your savings account.

IRS tech tools are smarter than ever - Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant.

Home Investing Six Key Earnings Terms Every Investor Should Know This handy guide will help you understand some of the jargon in corporate earnings reports and why it is important for investors to ...

With a unique opportunity to continue to simplify the tax code and embrace pro-growth reforms, the expansion of interest deductibility for businesses is a key step in this process.

The company now expects an adjusted earnings before interest, taxes, depreciation and amortization margin of between 31.3% and 31.8% for the year through Sept. 30 compared with previous ...

The BBB would for tax years, beginning after December 31, 2024 and before January 1, 2030, modify the “adjusted taxable income” definition so that it is computed without taking into account ...