At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

Republican leaders in the House and Senate emerged from a meeting at the Treasury Department Tuesday afternoon sounding ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and th ...

The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...

One of the best ways to avoid liability for a spouse’s tax debt is to file taxes separately. When you file a joint tax return ...

of Rs 2.83 per unit which will be enough for this purpose and no new surcharge or tax will be imposed on consumers. An official told this scribe that the proposal of power sector circular debt ...

America's debt trajectory, nearing $30 trillion, is unsustainable, needing $10 trillion in deficit reduction over the next decade. Tax cuts since 2000, coupled with increased spending, have been major ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. A land ...

One way to check a company's financial health is to check its debt-to-equity ratio. The debt-to-equity ratio is calculated by dividing the total liabilities of a company by the total equity of ...

Lowers taxable income, reducing overall tax liability.,Encourages businesses to use debt financing effectively.,Understanding the Interest Tax Shield,The interest tax shield is a ... "Lorem ipsum ...

Aims to provide a vehicle to enable investors to avail of tax benefits u/s 88 and distributing a reasonable annual dividend if any, and at the same time making an attempt for capital appreciation ...