Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The Trump administration evicted former Coast Guard Commandant Linda Fagan from her home with three hours of notice on ...

If you expect to owe taxes on your benefits, you can effectively prepay part ... Security, too. Most states do not tax Social Security benefits. But if you live in Colorado, Connecticut, Kansas, ...

Plus: China plots new US trade proposal, says WSJ; Trump orders creation of sovereign wealth fund, could facilitate TikTok ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

The widely adopted new tax structure announced in 2021 does a good job of simplifying the tax structure, however, more can and needs to be done to encourage financial discipline and equity across ...

In the upcoming Budget 2025 session of Parliament, the government is likely to introduce a new income tax bill to simplify the current I-T law, make it comprehensible and reduce the number of pages by ...

That cap is increasing to the first $176,100 of your income in tax year 2025. More help: Take the Social Security retirement earnings test When you contribute to Social Security, the money doesn't ...

For example: Among the nine states that still tax Social Security benefits, West Virginia has an annual cost of living that is only $33,786, which is nearly half that of the most expensive state ...

Finance Minister Nirmala Sitharaman is expected to present the Union Budget on February 1, with the salaried class anticipating greater income tax reliefs in the announcements. In her previous budget ...

These types of income won't temporarily reduce your Social Security benefits amount if you choose to receive benefits before your full retirement age.

Union Budget 2025: Last year, Sitharaman in her budget speech proposed a new tax structure under the new income tax regime. Finance minister Nirmala Sitharaman will present the Union Budget on ...