Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

The Union Budget 2025 introduces a series of measures aimed at enhancing the competitiveness and attractiveness of units in International Financial Services Centres (IFSC), with a particular focus on ...

As responses go to the problem of overseas homebuyers, Pedro Sánchez went nuclear. In an effort to arrest his country’s “grave” housing crisis, the Spanish prime minister recently proposed that non-EU ...

New York State continues to lose small businesses, the institutions that every community relies on for its tax base, jobs, ...

The government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

A fintech professional's assertion that anyone earning under ₹60 lakh annually is poor has sparked debate online.

Union Budget 2025 catered to the middle class after much backlash over the year. Presented on February 1, 2025, the finance ...

A recent ruling shouldn’t necessarily lead clients to name their spouse as beneficiary of their registered plans ...