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

U.S. citizens should be aware of the potential financial boost from the IRS's Earned Income Tax Credit (EITC). This credit ...

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

Ten million pensioners will be paying income tax by 2032, new figures reveal. Three quarters of retirees are set to be ...

Another two million retirees will have to pay tax in the coming years after Labour confirmed it would be keeping thresholds at their current level ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

In the union budget for the financial year (FY) 2025-26, finance minister Nirmala Sitharaman announced notable reform to the ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

It is also important to note that the basic tax slab exemption limit has been raised to Rs 4 lakh from the previous Rs 3 lakh ...

In a significant move announced during the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new income tax ...