Ahead of releasing the promised 2025 federal budget, the prime minister announced the launch of an automated tax filing ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
Rachel Reeves has been urged by a leading think tank to raise income tax while cutting national insurance in November’s Budget, a move that would hit landlords and pensioners hardest. The Resolution ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
Prime Minister Modi spoke of upcoming GST reforms, effective September 22, 2025, calling it 'GST Bachat Utsav'. The revised tax structure features only 5% and 18% slabs, reducing prices on everyday ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.