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Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...
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 ...
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What to know -- and what isn't known yet -- about US tax deductions for tips and overtime pay
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...
Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...
Estimate your federal refund or taxes due using our free income tax calculator. Enter your income, age and filing status to get started.
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New tax break for auto loans could save some buyers thousands of dollars. But will it boost sales?
After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle ...
Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and what you should withhold.
Norwegian telecom operator Telenor reported second-quarter earnings that were above analysts' expectations on Friday, benefiting from a strong performance in the Nordics.
The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
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