Searched for
IRS REQUIREMENTS FOR EXCLUSION
Digital nomads take note: The $132,900 foreign earned income exclusion for 2026 could wipe out tax on overseas income, here's the catchFor Americans earning money while living and working abroad, one of the biggest 2026 tax changes is the higher foreign earned income exclus...
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....
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)...
F&O tax rules: How derivatives traders should report profits, losses and expensesOne of the biggest misconceptions among retail traders is that profits from F&O are taxed like stock market gains. That is not the case. Un...
How should my NRI children disclose gifts received from relatives in ITR-2?ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax...
IRS tax credit could mean up to $8,231 for eligible workers: Who qualifies for the Earned Income Tax Credit, how much you could receive and what you should check before filingThe IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025,...
Tax deadline 2026: How to get a tax filing extension and avoid penaltiesTax season is here in the US and many people may not finish filing on time. A tax extension gives extra months to file returns, but taxes m...
Confused by IRS ‘Fresh Start’? Urgent warning reveals what millions are getting wrongMany people misunderstand the IRS Fresh Start rules and think it wipes out tax debt. Experts warn this is not true. It is not a special pro...
This little-known IRS tax trick could save retirees thousands, yet 90% never use itA little-known IRS tax rule called a qualified charitable distribution can help retirees donate to charity and pay less tax. This option is...
IRS agents may be required to watch pornographic OnlyFans content to enforce Trump’s ‘No Tax on Tips’ law amid the platform’s soaring popularityA new tax law offers a tip exemption for service workers. However, OnlyFans creators face scrutiny. IRS agents might review content to deci...
National centre for I-T e-assessment to be based in Delhi; CBDT issues orderThe Centre will have 16 officials and will be headed by a Principal Chief Commissioner of Income-tax (PCCIT) as its chief.
IITs to focus on joint initiatives to promote internationalization12 IITs, represented by deans and executives of IR offices, participated in the conclave.
Indian railways opens up 9 consultant positions. Here's how to applyThe openings are for nine locations- Jaipur, Guwahati, Kolkata, Mumbai, Secunderabad, Bilaspur, Bhubaneswar, Chennai and Bangalore.
US tax returns: 15 June deadline for NRIs living in IndiaIf you are unable to file your return, you can request an additional extension to October 15 by filing Form 4868.
US NRIs: File an extension if not ready with your taxesBy filing an extension, you will have 6 more mths to file return. You don't have to explain the reason for extension.
Indian Americans: What not to forget while filing US taxesAs you get ready to file your tax returns by the due date of April 15, here are some important things Indian Americans should remember.
- DoT cell identifies China among others for collaboration
China is among the 15 nations that have been identified by the DoT for possible collaboration on development & manufacturing of infra equip...
- Postal department needs to redefine business
Postal department would be better off to redefine its business and integrate its operations with the Railways.
- Wheels in perennial short supply
In October 2006, Boxtrans Logistics, the arm of JM Baxi group, was all set to launch its container train operations in India.
- Dreams derailed for pvt container train aspirants
it's almost like a swanky train that has run out of steam even before its dream run.