Filing an ITR is more than just a tax obligation; it is a way to establish your financial presence, ensure transparency, ...

Editor: Mary Van Leuven The U.S. government imposes federal excise taxes that can affect a surprising variety of companies.

Democrat Tammy Baldwin is pushing a Senate vote to close the carried interest “loophole” in Trump's tax bill, a position that ...

SAVERS are being warned that opening a certain type of savings account could affect their eligibility for Universal Credit.

Understand NRI tax filing in India for FY 2024-25, including residential status, taxable income (NRO interest, rent, capital gains), TDS refunds, DTAA, and filing ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

The wealthiest people in America are taxed at a 37% marginal rate, according to the IRS. For individual taxpayers, that's anyone earning $626,350 or more annually (or $751,600 for married ...

The consumer-price index rose a slightly hotter-than-anticipated 0.6% for the month to leave annual inflation unchanged at an as-expected 1.7%, a second straight month below the Bank of Canada's 2% ...

Are personal loans taxable? Find out how the IRS treats personal loans and when you might need to report them on your taxes ...

Funding that Social Security relies on to pay benefits will run out one year earlier than previously projected, according to a new report published Wednesday. In its annual update, the Social Security ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...