IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The best high-yield savings accounts continue to offer up to 5.00% APY -- for now. Grab one while you can in case rates slide further.
WAVE 3 News on MSN
Make ends meet: How the Big Beautiful Bill impacts 2025 taxes
With so many updates impacting credits and deductions, taxpayers may need to do a few extra calculations.
The Tribunal clarified that even where the assessee owns more than ten trucks, Section 44AE can be used as a fair yardstick for income estimation. Arbitrary assessment and multiple additions were set ...
Binghamton Homepage on MSN
Tax season: What is the 1099-K form, and what’s different this year?
The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.
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