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INCOME TAX IN USA
World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...- ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
- Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
- Max your 401(k) or not? The smart rule that could boost your retirementA 401(k) is a popular way to save for retirement and grow money over time. It gives tax benefits and sometimes free money from employers. B...
- From 10 to 3: Raghav Chadha leads AAP MPs to BJP, leaving Arvind Kejriwal with three loyalists; who are they?Seven out of ten Aam Aadmi Party Rajya Sabha members have joined the Bharatiya Janata Party. Raghav Chadha led this significant shift, redu...
- Zohran Mamdani tax record: Is New York’s mayor truly middle-class? Here’s what the 2025 filings revealThe Zohran Mamdani tax record has reignited debate over whether political leaders adequately represent the economic realities of their cons...
- Isourse Technologies hackathon spotlights AI, economic modelling, enterprise tech solutionsIsourse Technologies concluded AlgosQuest'25, a national hackathon in New Delhi, where young innovators tackled AI, economic modelling, and...
- Tax trap alert: IRA rollover mistake that could cost you big moneyIRA rollover rules can be tricky and small mistakes can cost big money. Missing the 60-day deadline or choosing the wrong method can lead t...
- Don’t miss this! IRS tax debt deadlines that could cost you bigIRS Tax Debt Deadlines Explained: Understanding IRS tax debt deadlines is crucial to avoid accumulating interest and penalties. The IRS has...
- Don’t file blind: Key documents you need for successful IRS tax reliefIRS tax relief needs proper documents to show your money situation clearly. You must share income, expenses, assets, and tax records to app...
- Don’t miss this! Update your beneficiaries before April 15 to avoid costly mistakesTax season beneficiary update guide USA: As tax season approaches, millions of Americans are reminded to update their beneficiary designati...
- Missed the tax deadline? How to easily file for an IRS extension nowMissed the tax deadline? You can still apply for an IRS extension and get more time to file your return. The process is simple and can be d...
- Don’t get caught out: Key documents you need for IRS Tax relief claimsIRS tax relief needs proper documents like income proof, expenses, bank details and tax returns. These papers help the Internal Revenue Ser...
- New tax breaks, smaller refunds? Why some filers aren’t seeing more moneyNew tax breaks in 2025 are not giving bigger refunds to everyone. Income limits reduce benefits for overtime, tips, seniors, and car loan i...
- Tax day is near: Last-minute moves that could save you moneyTax day is close, but people still have time to save money. Experts say last-minute steps like retirement contributions, health savings, an...
- Don’t be misled: The IRS fresh start program won’t wipe out all your debtThe IRS Fresh Start program helps taxpayers manage tax debt but does not erase everything. It makes it easier to apply for payment plans, s...
- Tax deductions in 2026: What Americans need to know?Income Tax Deductions in 2026: In some states, the new federal tax breaks will automatically apply to state income taxes unless legislature...
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