Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

Alison Byerly is president of Carleton College in Northfield, Minnesota.

Want to build real wealth and financial freedom? These seven powerful money-making strategies will help you earn extra income ...

The government might extend the tax exemption for individual contributions to NPS under the new tax regime, along with several other projected deductions.

While each sector has unique demands, the overarching expectation is for a progressive and balanced budget that aligns with ...

Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose ...

With reforms already initiated to simplify the tax regime for charities, TDS rate structure, provisions for reassessment and search provisions and capital gains taxation, all eyes and hopes are now on ...

Christopher Ruane puts the stunning rise in NatWest shares over the past year into a wider context when assessing the bank's ...