Searched for
HOW HSA SAVES TAXES IN 2026
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...
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)...
Max out your 401(k) in 2026: The $24,500 limit could quietly slash your tax bill before year's end, and plenty of workers still miss itThe 2026 401(k) employee contribution limit is $24,500. For a traditional 401(k), contributions generally reduce taxable income now, althou...
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...
Social Security October update: 4 major changes coming soon that could affect your 2027 benefitsSocial Security October update: Social Security’s October update is expected to reveal four key changes for 2027, including the cost-of-liv...
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...
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...
Railway Assistant Loco Pilot CBT-2 result 2026 released: Check who made it to the next stage, merit list PDF, cut-off marks and CBAT dateThe Railway Recruitment Board (RRB) has released the ALP CBT-2 Result 2026 for candidates who appeared for the Assistant Loco Pilot examina...
Class 9 students to learn income tax and personal finance under new NCERT curriculumNCERT has introduced personal income tax in the Class 9 curriculum to enhance financial literacy among students. The textbook highlights th...
PPF interest rate October- December 2026: Has Public Provident Fund interest rate hiked for this quarter?The Ministry of Finance has reviewed interest rates for small savings schemes including the Public Provident. The rates will stay the same ...
Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...
Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
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...
How much should you have saved for retirement by age? Here’s what the data showRetirement savings reveal a stark contrast in average versus median values among different age brackets. For example, a typical 67-year-old...
Will interest rates of PPF, SCSS and other small savings schemes go up on September 30 in next quarterly review due to high inflation?On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Se...
Daylight Saving Time 2026: When is daylight savings and when do clocks fall back?Daylight saving time in the U.S. is set to conclude on November 1, 2026, providing many with the gift of an additional hour of rest. The Su...
Net mopup under small savings schemes set to exceed Rs 3.6 lakh crore targetIn the first four months of the fiscal year 2026-27, net collections in small savings schemes have surged by an impressive 56% compared to ...
Deadlines for income tax audit and ITR filing extended for AY 2026-2027 to these datesThe Central Government has extended the deadline for filing Income Tax Returns for the Assessment Year 2026-27. Taxpayers subject to audit ...
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...