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Sitharaman cuts income tax, abolishes DDT; to spend more on agri, infra to boost growth
New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday slashed income tax for individu…
PTI
House Democrats reviewing Trump's tax returns split into publish-everything and there-are-rules camps with GOP takeover looming
An internal fight about what to do with Trump's tax returns complicates House Democrats' plans with…
Warren Rojas
Amazon is under fire for not paying federal income taxes. Here's how it got its tax burden down to less than $0.
Multiplied times the millions of shares Amazon awards each year, those differences between the expe…
Troy Wolverton
8 ways to prepare for the Biden tax hike, according to the world's largest wealth manager
Biden wants to tax the wealthiest Americans to pay for infrastructure, and some hikes are likely to…
Juliana Kaplan
1 in 5 student-loan borrowers don't know what their monthly bills will look like when payments resume in 57 days
Borrowers could opt for an income-based plan, deferral, or their normal monthly bill, but some don'…
Ayelet Sheffey
How are real estate investments taxed? What potential investors should know
Owning property can offer income through appreciation and be a source of passive income, and it's a…
Janet Berry-Johnson
Bonds can be taxable or tax-free here's your guide to the different types and calculating what's due on them
Bonds are divided into two classes: taxable and tax-exempt. While their capital gains are always ta…
Janet Berry-Johnson
Dividends are taxed in different ways - here's how to figure what you owe on your stocks' payouts
Dividends are taxable, whether cashed or reinvested. Qualified dividends are taxed at lower capital…
Janet Berry-Johnson
Understanding what qualified dividends are why they're taxed at lower rates
Qualified dividends are dividend payments that are taxed at long-term capital gains tax rates for s…
Kevin L. Matthews II
After seizing $47 million from crypto tax dodgers, South Korea is looking to tighten the net
Cryptocurrencies will no longer serve as a tax haven for investors in South Korea. The tax authorit…
A guide to IRAs: Tax-advantaged investing accounts that help you save for retirement
An IRA is a kind of retirement account for individuals. There are several types of IRAs to choose f…
Aly J. Yale
Warren Buffett's deputy grew his retirement account from $70,000 to $264 million in 29 years, ProPublica reports
Ted Weschler said his massive Roth IRA was a "function of careful stock selection, exceptional luck…
Theron Mohamed
Larsen & Toubro sees a slowdown in new orders in the first three months of 2021 — management says contracts have been deferred
The company had posted a net profit of Rs 3,430.10 crore in the year-ago period, L&T said i…
PTI
'It doesn't exist': A top Republican economist says Trump has no economic plan for a 2nd term
"He has no economic plan. I don't mean that I don't like it. It doesn't exist," said Glenn Hubbard,…
Joseph Zeballos-Roig
One chart shows how IRS audits have collapsed over the past decade, as wealthy Americans increasingly hide billions from the taxman
The IRS shed over 30,000 full-time positions as Republicans cut its budget by a fifth over the last…
Eliza Relman,Andy Kiersz,Jose…
Biden wants to hit wealthy Americans with new tax hikes to fund childcare and education. Here's what it could mean for you.
The vast majority of Americans - between 98% and 99% - will likely see no tax increase under Presid…
Joseph Zeballos-Roig
Business groups say implementing Trump's payroll-tax holiday would be 'unfair to employees,' warning some workers could be stuck with a $2,200 tax bill next year
The letter signed by top business organizations said employers would likely continue withholding th…
Joseph Zeballos-Roig
What is a Roth IRA? How to take advantage of after-tax benefits when saving for retirement
Roth IRAs are a type of individual retirement account in which you pay taxes now rather than later.…
Aly J. Yale
Borrowing from your 401(k) plan can be a fast, advantageous way to meet serious financial needs - here's everything you need to know about 401(k) loans
Borrowing from a 401(k) avoids the usual taxes and penalties that early withdrawals incur. You repa…
Walecia Konrad
How to file taxes for 2019
The US Department of Justice says the IRS never discusses personal tax issues through uns…