Higher earning landlords and sole traders will be affected from April — but many still have no idea the changes are coming ...

Unlike with traditional IRAs, Roths do not provide tax savings, so anyone converting such funds to a Roth must pay federal ...

Don’t search the internet using terms such as “file my taxes for free” — you could end up on the website of a scammer or the ...

In broad terms, he’s not wrong. Most Americans pay income tax on their wages and salaries, most states impose sales tax on ...

The new Act adopts a broad definition of income, covering salary, capital gains, perquisites, subsidies, and windfalls, ...

Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.

From local tax collectors to the IRS, Pennsylvania's multi-layered collection system costs more than it should—and a voter since 1960 says nothing has changed.

The average IRS tax refund is up 10.9% so far this season, according to early filing data. Here's what taxpayers can expect.

While the property gift is exempt under Section 56, Section 64’s clubbing provisions apply. Any rental income or future capital gains will be taxed ...

Local officials pushed back this week against a Missouri Senate bill that would end both state and local sales tax on food and grocery items. State Sen. Mary Elizabeth Coleman, an Arnold Republican, ...

Middle‑ and upper‑middle‑income earners who make between $60,000 and $400,000 will likely receive the largest refund boosts ...

After weeks of delays that triggered widespread taxpayer complaints, income tax refund processing has gathered pace. According to a Moneycontrol report, professionals have indicated a sharp rise in ...