After working in Dubai for 20 years Man used Rs 2 crore savings to buy Mumbai property; Tax dept sent notice; he wins case in ...

KEY TAKEAWAYS A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April.However, workers will need to calculate ...

Learn how wash-sale rules affect crypto investors, tax-loss harvesting strategies, and key reporting best practices.

Just a few weeks ago it looked as if Rachel Reeves would be the first chancellor in 50 years to raise the basic rate of income tax.

My husband owns his own business. The Internal Revenue Service audited his 2021 income-tax return. There were some small mistakes. The amount due was paid. However, he received notice at the end of ...

The good news for higher earners is that not all income is subject to the Social Security tax; only income up to a specific ...

An income tax calculator simplifies financial planning. It estimates your tax liability, showing how deductions and investments impact your net taxable income. Understand tax benefits of term ...

People who buy their own insurance off the ACA marketplace face premium increases if Congress doesn't extend pandemic-era tax ...

Today the Standard publishes a ready reckoner calculator to help readers to work out whether they will be better or worse off once all the measures announced come into effect. More than 1.7 million ...

After weeks of leaks and frenzied speculation, Rachel Reeves revealed her second Budget in a speech in the House of Commons on Wednesday afternoon. The Labour chancellor introduced a raft of tax ...

It will leave the average worker £1,019 worse off MILLIONS of workers and pensioners will be hit by higher tax bills over the next five years as Rachel Reeves extended the freeze on tax thresholds ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. People earning about £50,000 a year will be among the hardest hit under an extension to a freeze on personal ...