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IRS TAX BREAKS
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...20 Apr, 2026, 03.40 PM IST- Are tips tax-free now in the US? IRS announces deduction for tip workers - but there’s a catch; Eligibility rules and deduction limits explainedThe 'no tax on tips' rule made headlines across the US, raising hopes among service workers of major tax relief. But the policy is not as s...16 Apr, 2026, 12.27 PM IST
- Income tax staff warn of nationwide agitation in April-May: 'Pushed to the brink’ over work pressure, delayed promotionsTwo major Income Tax Department employee associations, representing nearly 97% of the workforce, have warned of a seven-stage nationwide ag...14 Apr, 2026, 03.09 PM IST
- 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...07 Apr, 2026, 07.58 PM IST
- IRS tax 'gifts' for investors. How to claim benefits?Wall Street investors assume that selling a winning stock always triggers a tax bill. However, for those in the lower income brackets (up t...03 Apr, 2026, 09.39 PM IST
- More money back: New deductions drive surge in tax refunds across the USUS tax refunds surge in 2026, confirmed by Internal Revenue Service data. Average refunds jump nearly 11% year-over-year nationwide. Millio...03 Apr, 2026, 05.40 PM IST
- Tax extension 2026: Pros and cons of filing after April 15 explained in simple termsTax deadline is April 15, but people can request an extension to October 15 if they need more time. An extension may help avoid penalties, ...31 Mar, 2026, 11.22 PM IST
- IRS shake-up delays 830,000 refunds, some taxpayers waiting over two monthsMany tax refunds in 2026 are getting delayed in the US. The main reason is missing or wrong bank details in tax returns. Because of new rul...21 Mar, 2026, 01.34 AM IST
- You could get a $10,000 tax break on your car loan — who qualifies and how to claim itA new tax rule lets people save money on car loan interest if they buy a new U.S.-made vehicle and meet income rules. The benefit can reduc...20 Mar, 2026, 08.42 PM IST
- New IRS update could impact millions filing taxes this year - what you should knowIRS tax update 2026:Millions of Americans filing taxes will find the IRS's updated online withholding estimator crucial. Reflecting recent ...13 Mar, 2026, 09.52 PM IST
- IRS alerts taxpayers to $525 fines with interest if you miss this key 60-day ruleThe IRS has warned taxpayers about a strict 60-day rule for filing taxes. People who file very late may face a minimum $525 penalty plus in...20 Feb, 2026, 05.46 PM IST
- Bigger IRS tax refund in 2026? Scott Bessent says average is up 22% – here's what experts want you to knowIRS tax refund 2026: Americans might see larger tax refunds this year. Treasury Secretary Scott Bessent reports an average increase of 22 p...13 Feb, 2026, 09.55 PM IST
- Still waiting for your tax refund? How to check your IRS refund status todayIRS Refund Status 2026: The IRS expects 164 million tax returns by April 15, 2026. Data shows the average refund is $2,939. New 2025 tax la...12 Feb, 2026, 05.48 PM IST
- IRS refund timeline revealed: The exact day your tax refund could land in your account if you file todayIRS tax refund schedule 2026: The 2026 tax season has begun with significant changes under the One Big Beautiful Bill Act, promising potent...28 Jan, 2026, 06.09 AM IST
- Your 2026 tax return is changing: 5 IRS rule updates every filer needs to knowIRS tax rules are changing for 2026, and Americans need to be ready. Standard deductions are going up, seniors may get extra savings, and n...31 Dec, 2025, 12.48 AM IST
- IRS unveils new form letting workers claim tax deductions on their tipsIRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier...04 Oct, 2025, 11.17 PM IST
- Melanie Krause becomes third IRS leader to exit in 2025 as tax data deal on undocumented immigrants sparks backlashMelanie Krause resignation has rocked the IRS just days before tax deadline, after she stepped down in protest of a controversial tax data-...09 Apr, 2025, 10.31 PM IST
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