A middle-class tax break that nearly halves the number of Brazilians paying income taxes is adding to economic tailwinds that ...

Georgia Senate Republicans unveiled a sweeping plan to cut hundreds of millions in corporate tax credits while completely ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.

What do the draft income tax rules mean for the common man? How does the calculation math for the old vs new income tax ...

The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

In November 2023 the CRA denied the taxpayer’s request. The CRA’s explanatory letter stated that the arrears interest it charged was correctly applied because the balance due on the taxpayer’s return ...

The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old ...

Dividend-paying stocks can provide growth potential but expose portfolios to market volatility, while bonds tend to offer ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

Washington: With no income tax to rely on, the state of Washington charges a higher sales tax to bring in revenue. At 6.5%, ...

Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...