The IRS announced higher income thresholds, which means taxpayers will get taxed less on lower income amounts.
The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.
From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some ...
Republicans and President Donald Trump want credit for what he has called “the largest tax cut in the history of our country” ...
After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch ...
A New Brunswick doctor and farmer who tried to deduct more than a million dollars in farm losses from her substantial income ...
The Internal Revenue Service and its community partners are seeking volunteers to support the Volunteer Income Tax Assistance ...
Speculation is rife chancellor Rachel Reeves has plans to target inheritance tax once again in her upcoming Budget. But the 7 ...
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Before you go shopping for Diwali, find out how much gold you can keep at home. You'll be surprised to learn this income tax rule..
Diwali is approaching, and on Dhanteras, every household in India buys gold, silver, and other items. But before Diwali and ...
HMRC estimates that around 780,000 self-employed people and landlords will be required to use MTD for Income Tax from April ...
The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said on Monday, after countries agreed to ...
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