As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

Tax authorities in September 2024, issued a notice to the German automaker for evading taxes, to the tune of $1.4 billion, by ...

Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...

Tax season is approaching, and many taxpayers are eager to track their funds. The IRS began accepting tax returns on Jan. 27, ...

specifically focusing on the contentious 30% tax bracket. This top tax slab, applicable to individuals with an annual income exceeding Rs 15 lakh, has been a topic of debate among various ...

restructure the tax brackets, and introduce a 30% flat deduction on gross income. Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions.

The IRS has unveiled the updated tax brackets for the 2025 fiscal year, reflecting a 2.8% increase to align with inflation.

The law cut corporate tax rates permanently and individual tax rates temporarily. Source: Internal Revenue Service The new law capped the deduction for state and local taxes at $10,000 through 2025.

With the current federal and provincial/territorial tax rates in Canada, no one pays more than 27% capital gains tax on gains of under $250,000. You can reduce the amount of capital gains tax you ...