Chennai-based Sudarshan Jain was in for a shock when he checked his Employee Provident Fund (EPF) passbook in August this ...
Effective tax planning can significantly lower your taxable income, potentially saving you thousands annually and freeing up more of your hard-earned money for saving and investing.
In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.
A Roth IRA does not impact your current-year tax return ... withholding the money for your income taxes and paying the IRS on ...
The R&D credit is a tax credit that provides a dollar-for-dollar reduction in taxes owed for companies performing research, ...
At the end of 2025, the federal estate and gift tax exemption will dramatically decrease unless Congress affirmatively passes ...
Britain will increase tax on the performance fees that private equity fund managers make from asset sales to 32% from a current 28%, a smaller rise than many buyout bosses had feared.
This is the first time this has been true for the university since they became a tax-exempt organization in 2007.
Direct File has been one of the IRS's most popular and successful programs in recent years. In 2025, it will expand ...
You can also track your IRS tax refund using the online tool or IRS2Go mobile app. When filing, ensure you use the correct forms—either Form 1040 or Form 1040 SR—and include the Schedule EIC ...
Those duties account for another 40% of U.S. tax revenue, according to the Tax Policy Center. "Even in its smallest form, it would be a pretty substantial change from current policy," Marc Goldwein, ...