Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

Lower taxes mean higher net investment returns ... taxes on interest income if you bought the municipal bonds of your state of residence. Note, though, that this tax benefit does not extend ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...

Prior to the amendments in July 2024, as per section 111A of the Income Tax Act, 1961 (the Act), STCG on listed securities were taxed at 15 per cent. However, after amendment made by Finance (No.2 ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

Does the IRS need to hear from me? In general, the IRS requires most citizens and residents who work in the U.S. to file a tax return if ... “unearned” income, such as interest from investments.