If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...

A personal loan can help you pay outstanding taxes quickly, but be sure to consider an IRS repayment plan and other ...

A petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 has received more than 130,000 ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Money expert Martin Lewis says there's a legal way for some people to increase their income tax allowance this year.

The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many ...

If passed, the legislation would exempt college athletes from paying state income tax on their NIL compensation.

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...