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IRS TAX CHANGES 2027
IRS 2027 tax changes: Millions of Americans could pay less tax as standard deductions rise, income brackets widen and child credits get biggerThe IRS has raised the standard deduction, widened federal income tax brackets and increased key family tax credits for 2027. The changes, ...- What is IRS Form 4547? Who qualifies for Trump's $1,000 government deposit and how to claim itThe Trump Accounts program is poised to benefit numerous American households by creating investment accounts for children. Children born be...
- For a greener future, bring back coal cessElectricity demand is expected to grow 6.4% annually till 2030, making a rapid coal exit near-impossible. A coal cess will signal India is ...
- Why American Airlines drops 8 international routes for 2027 despite 5 flights still filling around 80% of seatsAmerican Airlines international route cancellations 2027: American Airlines is dropping 8 international routes from its 2027 schedule, incl...
- Two major Social Security changes are coming in 2027: Retirees get a 3.6% raise, but some workers will pay $484 more in taxes — who will be affected?Social Security 2027 changes: Social Security checks will rise 3.6% in 2027. The average retired worker will get $2,170 a month, up $75 fro...
- A double transition for corporate India: New accounting rules, new auditorsCompanies are preparing for the transition to Ind AS 118 which will impact financial statement reporting. Changes in statutory auditors coi...
- GATE 2027 correction window opens: Check fees, editable details, deadlines and how to make changesGATE 2027: IIT Madras has opened the GATE 2027 application correction window from November 10 to 14. Candidates can modify specified detail...
- Thomas Cook India expects higher fiscal 2028 travel bookings, delays Europe summer launchThomas Cook (India) anticipates a rise in passenger numbers and bookings in fiscal year 2028. The company has postponed its summer European...
- IRS raises 2027 capital gains tax limits: Could selling stocks become tax-free for more Americans as the 0% threshold jumps to $51,050?The IRS has raised the 2027 long-term capital gains tax limits, allowing investors to earn more from stock sales before paying federal tax....
- Social Security tax by state in 2026: Which 8 states tax retirement benefits, where can retirees keep more of their benefits, and how much could you owe the IRS?Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax...
- Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital...
- Singapore to launch gold vaulting service for foreign central banks, ease taxes to boost bullion tradSingapore's central bank will introduce a gold vaulting service for foreign central banks and financial institutions. This initiative aims ...
- Federal Benefits Open Season 2027: Check key dates, FEHB premium hike, and VA employee guideThe upcoming open season for the Federal Employees Dental and Vision Insurance Program, as well as the Federal Flexible Spending Account Pr...
- Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 f...
- IRS releases 2027 tax brackets: How new income tax rates and standard deductions for single, married and senior filers could affect your tax billTax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for sin...
- Can the government remove LTCG on mutual funds in Budget 2027? Here’s what experts saySEBI has repotedly proposed tax relief for domestic mutual fund investors ahead of Budget 2027. The proposal aims to exempt investors from ...
- $700 million tax bill vs $4.15 million image: The court case that saved Michael Jackson’s heirsA US Tax Court judge has determined that Michael Jackson's name, image, and likeness are worth $4.15 million. This valuation is considerabl...
- A used Honda Civic: Why did Michael Jackson's estate claim his image was worth $2,105 in its fight with the IRS?The issue was all about how much Jackson's name, image, and likeness rights were worth when he died. Jackson's estate initially valued his ...
- Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his deathParis Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors ...
- US green card applications face new tax scrutiny; unpaid dues could affect approval and US citizenshipIn a move affecting green card applications, the US Citizenship and Immigration Services has altered its stance on tax compliance. Unpaid t...
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