Turning 60? The IRS' $11,250 catch-up could boost your retirement savings in 2026 - here’s who qualifiesWorkers turning 60 to 63 in 2026 have a higher catch-up contribution limit for workplace retirement plans. This enhanced limit allows contr...
07 Oct, 2026, 04.19 AM IST
Before you itemize, check this: 2026’s $16,100 standard deduction could beat your write-offsThe IRS has raised the 2026 standard deduction to $16,100 for single taxpayers, with higher amounts for married couples and heads of househ...
07 Oct, 2026, 03.57 AM IST
Skip the raise? Some employers are boosting health benefits instead to save on payroll taxes in 2026, and workers are taking notice nowPayroll taxes make wage increases expensive for small businesses. To cut tax overhead in 2026, many employers are expanding health coverage...
06 Oct, 2026, 10.32 PM IST
Business owners, check this now: Group health premiums are fully deductible in 2026, and many owners still overlook these savings todayBusiness owners reviewing 2026 taxes shouldn't overlook employee health benefits. Group health insurance premiums are fully deductible, whi...
06 Oct, 2026, 09.39 PM IST
Got a high-deductible plan? How to maximize your $4,400 HSA limit and unlock 3 tax advantages in 2026Health savings accounts (HSA), offer three significant tax advantages for qualified expenses related to medical care. Individuals can contr...
06 Oct, 2026, 05.50 AM IST
Estate tax exemption for 2026 is $15 million: Here’s what families need to know about the IRS rules and $19,000 gift limitThe 2026 estate tax exemption is $15 million, while the annual gift tax exclusion remains $19,000 per recipient. Here’s what the IRS rules ...
06 Oct, 2026, 04.38 AM IST
Think your Roth IRA lowers your taxes this year? It doesn't, because contributions aren't deductible, and here is who should use it nowMany small business owners fund a Roth IRA expecting an immediate tax break. That calculation is flawed. Roth IRAs run on after-tax income....
05 Oct, 2026, 06.50 PM IST
EPF wage ceiling hike: How it impacts employee & employer's contributions to EPF, EPS and take-home payWhile the higher ceiling does have an impact on immediate net cash take-home of the employee due to increased contribution, it will certain...
05 Oct, 2026, 12.09 PM IST
Higher EPF wage ceiling expands social security for millions; but EPS legacy issues need to be fixedThe recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution...
05 Oct, 2026, 12.08 PM IST
Sell your stocks too soon and you may pay more: How long you hold an asset changes your 2026 Capital Gains Tax, and timing matters hereThe baseline for tax planning in 2026 relies on shifting retirement contribution limits. The IRS adjusted these thresholds, altering the ca...
03 Oct, 2026, 07.00 PM IST
Homeowners, read this first: Mortgage interest and property taxes only help in 2026 if you itemize, and many are better off skipping itHomeowners may want to look twice before claiming mortgage interest and property taxes as tax breaks in 2026. Those expenses help only when...
03 Oct, 2026, 05.49 PM IST
Sukanya Samriddhi Account interest rate: Has government changed SSA rate from 8.2% for October-December 2026 quarter?In a recent announcement, the Ministry of Finance reaffirmed the Sukanya Samriddhi Account interest rate at 8.2%. The next evaluation of sm...
03 Oct, 2026, 10.59 AM IST
Self-employed? An S-Corp election could slash your self-employment taxes in 2026, and here's what smart business owners are doing todayFor self-employed owners, the biggest 2026 tax decision may not be another deduction. It could be how the business is structured. An S-Corp...
03 Oct, 2026, 12.31 AM IST
Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open todayThe 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b)...
02 Oct, 2026, 11.11 PM IST
Max out your 401(k) in 2026: The $24,500 limit could quietly slash your tax bill before year's end, and plenty of workers still miss itThe 2026 401(k) employee contribution limit is $24,500. For a traditional 401(k), contributions generally reduce taxable income now, althou...
02 Oct, 2026, 10.14 PM IST
PPF interest rate October- December 2026: Has Public Provident Fund interest rate hiked for this quarter?The Ministry of Finance has reviewed interest rates for small savings schemes including the Public Provident. The rates will stay the same ...
01 Oct, 2026, 12.05 PM IST
Could an IRS notice mean up to $1,000 for your retirement in 2027 and what do you need to do now to qualify for the new match?The IRS is mailing notices about a retirement benefit that will not start until 2027. The letter does not mean a $1,000 payment is coming n...
30 Sep, 2026, 12.31 AM IST