What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for deductions?

Whether tax reforms in the Tax Cuts and Jobs Act of 2017 expire or are extended will impact most people's tax bills.

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

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

A person’s tax situation can depend on factors like their marital status and income level but there are many other things ...

While other parts of the Tax Code are updated routinely, the passive activity threshold threshold has stayed frozen in time, punishing hardworking Americans.

Tax season's officially open, but does everyone need to file taxes? No! Here's who needs to file taxes and who may want to anyway.

This year’s tax season begins Monday, Jan. 27, 2025, lasting through April 15. People filing taxes for income made in 2024 ...

As the 2025 tax season kicks off on January 27, taxpayers across the United States are gearing up to file their returns for ...

From Xinhua via Shanghai Daily: China’s top legislature has adopted an amendment to raise the individual income tax threshold from 1,600 yuan (about US$220) a month to 2,000 yuan, a change ...

What Moore’s tax plan would do For single taxpayers, Moore’s budget would tax all income beyond $500,000 annually at a rate of 6.25% and all income beyond $1 million annually at a rate of 6.5% ...