A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...

Under the old tax regime, government and private sector employees can claim deductions of up to 10% of their salary (basic ...

As of this year, nine U.S. states don't collect income tax on retirees' income simply because these states don't impose ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

The government is set to unveil a new Income Tax Bill during the Budget 2025 session, replacing the decades-old Income Tax ...

The Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Southern California affected by the ...

Millions of UK households will be dragged into a new income tax band due to a "sneaky" rule change. Here's everything you ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

HMRC has issued a 12-day warning over the prospect of £100 fines for failing to log your self-assessment tax returns. The ...

Capital gains arise from asset value appreciation over time, while active income is earned through regular work or business ...

Tom Lubnau writes, "The egislature is looking at “backfilling” property tax cuts with state savings and funds obtained from ...