Why a raise may not push you into a higher bracket in 2026: The IRS inflation adjustment trick that many taxpayers still overlook todayWhen you get a raise, it is easy to worry that a bigger paycheck will push you into a higher tax bracket and leave you with less money. For...
12 Oct, 2026, 08.46 PM IST
Who is Ilhan Omar’s husband Tim Mynett? What to know about his political career and past as federal agents search her homeIlhan Omar’s home was searched by federal agents as part of a criminal investigation, renewing attention on her husband, Tim Mynett. Mynett...
12 Oct, 2026, 07.01 PM IST
Married couples, take note: The $32,200 standard deduction in 2026 could shrink your taxable income before you even start itemizing nowThe Internal Revenue Service (IRS) announced tax adjustments for 2026, incorporating annual inflation updates alongside changes made under ...
12 Oct, 2026, 06.49 PM IST
Give without paying gift tax: The $19,000 annual exclusion is unchanged for 2026, and it lets you move money without gift tax this yearThe IRS announced major tax changes for 2026. Standard deductions increase to $16,100 for single filers and $32,200 for couples. The gift t...
09 Oct, 2026, 11.11 PM IST
Who pays 0% capital gains tax in 2026? Check the IRS income limitsSome investors may pay 0% federal capital gains tax in 2026 if their taxable income stays within IRS limits. Single filers can qualify with...
09 Oct, 2026, 09.39 PM IST
This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...
09 Oct, 2026, 08.39 PM IST
Paying off student loans? Deduct up to $2,500 in interest on your 2026 return, but watch the income limits that could cut it off earlyStudent loan borrowers may get a valuable tax break in 2026. The IRS still allows eligible taxpayers to deduct up to $2,500 in student loan...
08 Oct, 2026, 11.35 PM IST
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...
08 Oct, 2026, 10.31 PM IST
US tax savings 2026: What are the best ways taxpayers can use to potentially lower their tax bill? Know the rulesWhen it comes to taxes, what you end up paying really depends on things like your income, financial goals, and how you file. Luckily, there...
07 Oct, 2026, 10.03 PM IST
Using your FSA wisely? Up to $3,400 can be set aside pre-tax in 2026, and millions of workers forget to claim every single dollar of itThe 2026 FSA limit is going up to $3,400. That's $100 more than the 2025 limit. For workers who expect regular medical expenses, the higher...
07 Oct, 2026, 09.47 PM IST
Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...
07 Oct, 2026, 04.44 AM IST
Own a small business? This 2026 tax deduction could reduce your taxable income by up to 20%Small business tax break 2026: Small-business owners could get a valuable tax break in 2026 through the qualified business income deduction...
07 Oct, 2026, 04.10 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
‘Lord of the Dance’ star Michael Flatley announces death of wife, Niamh O'Brien, at 52; what we know about the cause of deathActor Michael Flatley announced the death of his wife, Niamh O'Brien, on October 5, 2026. Niamh was an accomplished Irish dancer and a lead...
06 Oct, 2026, 12.20 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
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
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