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4 mins read
A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income
A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…
Jacob Zinkula
2 mins read
Americans living overseas face being taxed twice. Donald Trump wants to change that.
Donald Trump takes aim at the "double taxation" policy for Americans living overseas, which was int…
Theron Mohamed
2 mins read
Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
3 mins read
Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.
Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…
Allie Kelly,Ayelet Sheffey
6 mins read
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
1 min read
Here are the ten big income tax rule changes that will come into effect from April 1
Here are the top ten big income tax rule changes that will come into effect from April 1, 2023.
2 mins read
New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan
Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…
Ayelet Sheffey,Juliana Kaplan
5 mins read
Venture firms could be the latest target for AI disruption, and that's not the only threat to VCs
The AI boom was a welcome change for VCs wanting a new trend to back (and even profit from). But it…
Dan DeFrancesco
3 mins read
About 82.4% of national parties' unknown income tied to electoral bonds says poll rights body
About 82 per cent of the total income from unknown sources declared by national political parties i…
PTI
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
2 mins read
Thousands of student-loan borrowers celebrating Biden's latest debt relief might have to pay taxes on it in these 5 states
While Biden's latest student-loan forgiveness will not be subject to federal taxes, borrowers might…
Ayelet Sheffey
2 mins read
Hungary just canceled income tax for new moms in their 20s. It's the country's latest attempt to fix its long-term labor shortage.
New Hungarian moms in their 20s will pay zero in income tax forever in response to the country's lo…
Jacob Zinkula
2 mins read
Warren Buffett's energy division has had a negative income tax rate for 5 years straight - as it's received clean-energy credits worth billions
Berkshire Hathaway Energy has received almost $6 billion in income-tax benefits on a net basis in t…
Theron Mohamed
6 mins read
Latest Trump hush-money battle: how to instruct jurors on the coverup of a coverup and crimes within crimes
Trump's jury must untangle an alleged coverup of a coverup — involving a Russian nesting doll…
Laura Italiano
3 mins read
A tax guru explains all that is wrong with Indian government’s latest requirement for startups to disclose creditors’ source of income
While the government of India has set forth the agenda of “trust-based governance”, it has also iss…
4 mins read
Tax hit on debt funds is just the latest punch to reeling mutual fund companies
The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…
3 mins read
Biden wants to make sure billionaires pay at least a 20% income tax including on their massive pandemic-era stock gains
Billionaires added $1.7 trillion to their cumulative wealth during the pandemic. President Biden's …
Juliana Kaplan,Joseph Zeballo…
4 mins read
Direct File is the most important tech product of 2024, helping you to finally file your taxes for free
Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…
Alistair Barr
2 mins read
A wealth tax on America's billionaires could cover the child tax credit extension — and the entire defense budget
A report finds that taxing people with over $5 million could bring in $928.39 billion a year. A one…
Juliana Kaplan,Madison Hoff
3 mins read
In one day, Elon Musk made $37 billion and slammed Democrats' plan to tax billionaires. Here's what he meant when he said the government will 'come for you.'
Musk said the government could "run out of money" and "come for you." Yet the government has run a …