Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Consult a tax professional to determine which regime is beneficial for you after this year's changes to tax slabs and rates ...

The percentage of gig workers knowledgeable about the lower threshold the Form 1099-K versus those that don’t know came out ...

A measure to cut the income tax rate in Kentucky – House Bill 1 – is the first in 2025 to gain Senate approval. With a 34-3 vote on Tuesday, the Senate approved the measure that would reduce the state ...

The IRS offers a significant tax credit for low to moderate-income workers, potentially providing up to $8,000. This credit, ...

An affordable-housing deal that uses federal LIHTC funding is much more likely to achieve other key sources of financing for ...

If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your ...

Have you ever heard of anyone complaining about making more money? If you have, they probably grumbled about moving up a tax ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...