Although you might cringe at the thought of paying taxes on your hard-earned income, taxes are what keep the federal government in business, paying for the services you rely on. For the U.S. federal ...

Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a ...

The IRS will raise 2026 tax brackets to account for inflation, boosting take-home pay for millions. Here's what it means for ...

When their working days eventually come to an end, many retirees will think about the best place to spend their golden years.

Any taxpayer who is required to file an income-tax audit will incur penalties if the audit is not filed within the due date ...

The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, ...

The 19th reports a new child tax credit starting in 2026 will increase to $2,200 but limit access for many low-income and ...

Income tax is a direct tax levied on the income of individuals or entities. The Income Tax Department calculates income tax based on pre-determined income slabs applied to net taxable income. Income ...

The influx of lower-priced EVs from expired leases and trade-ins will help fuel demand, according to analysts. In addition, ...

Income tax is charged on most types of income but tax allowances protect some from the taxman. Following the end of the tax year, which falls on 5 April each year, we look at the income tax rates and ...