In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break ...

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to avoid an audit.

If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...

A nonprofit is a tax-exempt corporation that returns its net earnings to its mission. Learn about IRS rules for nonprofits.

Different capital assets — such as listed shares, mutual funds, tax-free bonds, debentures, unlisted shares, and real estate ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are ...

Learn what China tariffs and potential changes with Mexican and Canadian trade could mean for your bottom line.