The Tax Cuts and Jobs Act signed in 2018 is set to expire at the end of 2025, which means that unless Congress acts again, we’ll be taking home a lot less income in 2026.

The Oklahoma Legislature now has its FY 2026 projections after the Board of Equalization approved appropriation percentages ...

While the income of the top 1% varies, Forbes reported in 2023 that the bracket's minimum net worth is much higher — a cool ...

No one likes paying income tax, but residents of some states have it worse than others. Here are some of the worst offenders ...

Medicare beneficiaries with income over a designated amount are required to pay a monthly fee in addition to their Medicare ...

As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to ...

You might be making these costly mistakes without even realizing it. 👀 ...

ITAT Patna held that addition towards unexplained income upheld since assessee failed to prove genuineness of transaction and creditworthiness. Accordingly, appeal dismissed and addition upheld.

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 ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

New Income Tax Bill 2025 aims to simplify language by replacing complex terms with easier alternatives. Spanning 622 pages, ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.