“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

If the tax status of muni bonds changes, the impact on regular investors and state and local governments could be significant ...

The central issue in all cases revolved around the allowance of certain exemptions claimed by the employees on their salary income, specifically concerning benefits received under a Voluntary ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

The new administration and Congress are working towards an extension of the 2017 Tax Cuts and Jobs Act (TCJA), the bulk of ...

Exempt-interest dividends, often paid by municipal bond funds, are generally free from federal taxes. However, they may still be taxed at the state level. How states tax exempt-interest dividends ...

PPF is a government-backed savings scheme in India, offering 7.1% interest currently with a 15-year lock-in period. Investors ...

Interest earned on Treasuries is exempt from state and local taxes, so may be a good option if you live in a high-tax area. Taxation gets a bit more complicated if you sell a Treasury before it ...

By diversifying your retirement income sources to include some of these tax-free options, you can potentially lower your ...

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...