Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

This new tax reporting rule should not affect your tax liability. If you earn over $400 in income, you need to report it to ...

Tax credits are often more valuable compared to deductions because they directly reduce your tax bill dollar-for-dollar.

As the 2025 tax season progresses, taxpayers are left to try to navigate this uncertain landscape. Hopefully, the confusion surrounding Elon Musk’s Treasury payment systems and shakeups at the IRS don ...

A stocks and shares ISA can be invested in companies, funds (shares from various companies placed into a single investment), or bonds (a type of loan made to a government or company). Returns in ...

Youngkin’s proposed amendments would give permanent cuts to lower- and middle-income residents during tax season.

President Trump’s obsession with the U.S. trade deficit is misplaced, as trade balances don’t matter and tariffs are a tax ...

A large tax refund can feel like a win. But if you're living paycheck-to-paycheck, that refund might actually be hurting you.

If you win big on Sunday, it won't have an impact on your taxes this year — but, you'll want to keep a record for next year.

"The tax code permits you certain deductions to lower your income tax obligation," says Jeremy Babener, tax lawyer and founder at Structured Consulting in Portland, Oregon. "The IRS is specific about ...

The governor's budget relies in part on boosted revenues from legalized recreational marijuana, skill games, and a change to ...

According to a press release published by the Pennsylvania Treasury, a number of changes have been made to the state’s tax ...