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.

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 ...

It’s official: 2025 will mark another year in which millions of Americans could take home more on each paycheck thanks in ...

The Blind Person's Allowance is an extra £3,070 in the current tax year, added to the personal allowance. The trading allowance means the first £1,000 of income from self-employment isn't taxed.

The percentages applied to your income are referred to as the tax brackets. Under current tax law, there are seven different brackets ranging from 10% to 37%. Here’s a look at the 2023 federal ...