President Donald Trump dedicated part of his speech to taxing other countries, something that MSNBC's Lawrence O'Donnell said ...

Marko Geber / Getty Images Yes, you can lower your taxable income and your tax bill by opening and contributing to an individual retirement account (IRA). But it depends, first and foremost ...

Those taxpayers who claim the Earned Income Tax Credit or the Additional Child Tax Credit cannot receive a refund until mid-February at the earliest, as the agency has to give additional scrutiny ...

The newly introduced regulations cover payments made under the Capital Gains Tax Act, Companies Income Tax Act, Petroleum Profits Tax Act, and the Personal Income Tax Act. Earlier, Oyedele ...

Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the ...

According to public data on Musk’s income, 15 minutes past midnight on New Year’s Eve, he likely has paid all of his Social Security tax on earnings from Tesla. If all of Musk’s income was ...

The IRS has lost $20 billion in funding as part of Congress' bid to stop the government shutdown, crippling its ability to go after high-earning tax dodgers. The organization was meant to receive ...

With a median income income hovering around $75,000 in the United States, some of the shrinking middle class is moving to the upper class. The share of income held by the middle class fell from 61 ...

Losses can also offset up to $3,000 of ordinary income annually. Unused losses carry forward indefinitely as per current tax rules. Beware of wash sale rules (as per the IRS cryptocurrencies are ...

“Regardless of someone’s income, tax complexity, or where they live, every tax filer should have access to a tax professional that is getting them every dollar they deserve with complete ...

Income inequality remains a critical challenge ... Exclusion of Informal Sector Earnings: WIL’s reliance on tax data and national accounts inherently excludes the informal sector, which plays ...

One reason so many businesses and people are leaving New York is its tax-and-spending ratchet. And now Democrats in Albany are spreading the high costs of their progressive government to other ...