Experts have warned that thousands of households across the UK are re-examining their pension and estate planning ahead of a ...

Consequently, it is thought that around nine million pensioners will be subject to income tax on their state pension in the near future. The development has been dubbed "Labour's retirement tax" by ...

Though the new regime offered concessional tax rates, it reduced several popular deductions and exemptions, like HRA, LTA, ...

NTEU is suing the Trump administration over its mass firing of federal employees, as well as its "pressure campaign on federal workers to quit their jobs." ...

Elon Musk previously created confusion of whether the IRS Direct File program was available. Some fintechs are offering free ...

Pre-Budget 2025, taxpayers could claim the rebate if their total income was Rs 7 lakh or below. However, with the new Budget, ...

With the new tax regime becoming more widespread, taxpayers are losing access to several exemptions and deductions previously available under the old tax system. Key provisions such as Sections 80C, ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...

Bonds in the special tax (12.2%), transportation (11.1%), and utilities (14.1%) sectors also continue to feature prominently here. The portfolio will hold sizable portions of midquality bonds in ...

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.