Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...

German forklift truck maker Jungheinrich said on Monday it had agreed to sell its Russian unit to a Russian financial ...

Here is a set of lesser-known Income Tax sections that are often overlooked by taxpayers. Exploring them before filing the return could help in significant savings.

The Capital Markets Efficiency Promotion Act imposes a 20% tax on the interest income on long-term investments, but interest ...

Starting July 1, tax on interest income will increase to 20%, a move the government claims is meant to “ promote equity and eliminate tax arbitrage .” Sounds complicated? Let’s skip the jargon and get ...

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...

Swedish garden equipment maker Husqvarna reported its second-quarter operating profit above market expectations on Friday, ...

Estimate your federal refund or taxes due using our free income tax calculator. Enter your income, age and filing status to get started.

Information Statement (AIS) shows incorrect data, it’s important not to ignore it. Errors or mismatches in the AIS can lead ...

Anyone in the market for a car will soon be able to write off fees for their purchase as a tax exemption. The Senate ...

IRS tech tools are smarter than ever - Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant.

The Department of Finance clarifies that the 20% tax under CMEPA applies only to bank interest income, not to savings. The reform aims to fix unfair tax breaks for the wealthy and streamline ...