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
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...
02 Oct, 2026, 07.10 PM IST
Trump Account $1,000 eligibility explained: Your child may qualify for an account but not the federal deposit - here’s whyUnderstanding the eligibility criteria for establishing Trump Accounts is important for families navigating the process. Children generally...
30 Sep, 2026, 03.22 AM IST
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equationMoney or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax conse...
28 Sep, 2026, 11.07 AM IST
Exactly one year after tearing his ACL against Arizona, Nick Bosa was supposed to face the Cardinals again. Instead, another injury has interrupted his comeback.Nick Bosa's calf injury during practice will prevent him from playing in upcoming weeks. Bosa had been recently recovering from an ACL inju...
25 Sep, 2026, 11.52 PM IST
Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...
18 Sep, 2026, 02.41 PM IST
BEL shares in focus as PSU receives orders worth Rs 648 crore since late August. What’s ahead after 183% rally in 3 years?Bharat Electronics (BEL) secured additional orders worth Rs 648 crore since late August, covering defence technologies including laser-base...
18 Sep, 2026, 08.59 AM IST
Foreign bank balance may be small, but its value could be much higher: How FAST-DS 2026 values your foreign assetsA foreign bank account with a small closing balance may have a much higher value under FAST-DS 2026. This article explains how different ty...
10 Sep, 2026, 02.17 PM IST
Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rateDuring the gap years, retirees often overlook essential tax planning opportunities. This crucial time allows them to manage their taxable i...
04 Sep, 2026, 08.22 PM IST
Indian Navy commissions second Diving Support Vessel 'Nipun' at Mumbai Naval DockyardThe Indian Navy commissioned its second Diving Support Vessel, Nipun, in Mumbai. This specialized vessel enhances deep-sea diving and under...
31 Aug, 2026, 07.17 PM IST
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...
31 Aug, 2026, 12.31 PM IST
IRS Adoption Credit 2026: Can eligible families claim up to $17,670 per child with Form 8839 and $5,120 refundable?The IRS Adoption Credit 2026 can provide up to $17,670 per eligible child for qualifying adoption expenses. The IRS raised the maximum from...
22 Aug, 2026, 10.28 PM IST
Can the IRS EITC 2026 really deliver up to $8,231? Check these income and child rules before filing Form 1040The IRS EITC 2026 can put up to $8,231 back into the hands of eligible workers. But it is not a payment for everyone. Your earned income, f...
22 Aug, 2026, 09.34 PM IST
Foreign Asset Disclosure Scheme 2026: From budget proposal to rollout - what residents and NRIs need to knowThe Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its t...
19 Aug, 2026, 10.44 AM IST
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...
14 Aug, 2026, 12.06 AM IST
What is Child Tax Credit? IRS confirms up to $1,700 in ACTC refunds - Check age, residency and income eligibilityThe Child Tax Credit provides families with a benefit of up to $2,200 for each child. Part of this credit might be refundable via the Addit...
13 Aug, 2026, 09.20 AM IST