Breckland Council is preparing to wipe out more than £500,000 of debt owed to its own property investment company.

Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect ...

But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...

The One Big Beautiful Bill is no longer a conversation starter; it’s policy. With lower taxes, stronger investment tools and ...

Ford and other carmakers must shift gears in their business plans away from EVs, a costly endeavor. Here is what it could ...

Tax filers who choose the SALT deduction must forgo the standard deduction — which the new law raises by $750 for tax-year ...

Economist Ahsan H Mansur was appointed governor of Bangladesh Bank after the fall of the previous Awami League government.

Tilewa Adebajo says opaque NNPC debt write-offs reveal governance failures, fiscal stress, weak communication, and stalled economic reforms.

Oil and gas expert Toyin Akinosho says profit declarations can coexist with debt, urges NNPC to focus on operations and ...