Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Marijuana may soon be rescheduled, and the biggest change could be taxes. Here’s how reclassification could lower tax bills ...

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

President Donald Trump is expected to sign an executive order rescheduling marijuana as a Schedule III drug. How's it ...

Moving cannabis to a category of drugs that includes some common medicines will have implications for research, businesses ...

Cannabis flower at Verdes Cannabis in Albuquerque’s Northeast Heights on Tuesday. President Donald Trump on Thursday signed ...

Those concerned about steady spread of legalized marijuana across the nation endured a setback last week when President Donald Trump signed an executive order reclassifying the drug.

President Donald Trump Thursday signed an executive order that would move marijuana out of its current Schedule I ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

The purchase price is what an investor pays for a security. It is the main component in calculating the returns achieved by the investor.

Excerpts from recent editorials in the United States and abroad: ___ Dec. 23 The Washington Post on conservatism and free markets When American conservatives abandon free-market principles, there’s no ...

President Donald Trump has directed his administration to pursue reclassifying marijuana as a less dangerous drug. The change ...