Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Every state taxes retirement income a bit differently. More often than not, the way retirement income is taxed can impact a ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

The apex court granted the Centre four weeks to file a counter affidavit and listed the matter for hearing in the first week ...

If you find out someone left you a little something in their will, chances are you won’t need to pay an inheritance tax on it. There is no federal inheritance tax, and only five states have ...

From April 2026, the first £1 million of combined business and agricultural assets will continue to attract no inheritance tax. Farmers gather in tractors at the Maze site close to Lisburn ...

Lines of tractors have taken to roads across Northern Ireland to protest against proposed changes to inheritance tax rules. Seven protest runs took place across all six counties, organised by the ...

The Supreme Court (SC) reiterated that being acquitted in a criminal tax case does not automatically exempt an individual from paying unpaid taxes. “The taxpayer’s obligation to pay the tax is created ...

The number of farmers dying by suicide should be measured to “understand the human cost” of the Government’s changes to inheritance tax on agricultural land, the shadow environment secretary has said.

Tesco, Lidl and the Co-op, three of Britain’s biggest retailers, have joined calls for Rachel Reeves to abandon her inheritance tax raid on farmers, claiming that “the UK’s future food ...