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Two new tax rules you should be aware of when filing your taxes
With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…
Looking to file taxes on your own? Here is what you need to keep in mind
It is that time of the year again – when we have to file our taxes. While we can take the services …
IT department releases ITR 1 and ITR 4 offline forms ahead of time
The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…
Direct tax collections surge 35% but fall short of estimates
Gross direct tax collections stood at Rs 6.48 lakh crore till September 8, which is 35.46 per cent …
How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places
Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…
Eliza Relman
One in four taxpaying citizen yet to file IT returns with 3 days to deadline
Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…
A tax on millionaires might soon pay for universal free community college in Massachusetts
The Massachusetts state Senate passed a fiscal budget that includes plans for universal free commun…
Kenneth Niemeyer
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…
John Towfighi,Juliana Kaplan
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
How to file income tax return online for salaried employees 2022-2023
If you are new to filing income tax returns online, you must know that it is a very easy process. V…
The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims
According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…
Filip De Mott
Presumptive taxation: The scheme that eases burden on small businesses
Running a small business or a professional service can often involve a single person or a few peopl…
Your comprehensive document checklist for income tax return filing
The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…
Central Board of Direct Taxes notifies cost inflation index for 2023-24
The cost inflation index (CII) for 2023-24 relevant to assessment year 2024-25 stood at 348, accord…
People are getting taxed for gig work they've never done
Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …
Alex Bitter
Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery
Countries are trying everything to combat declining fertility rates, with some eye-popping approach…
Joshua Zitser
I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.
Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…
Alcynna Lloyd
Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership
The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…