Taxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...

Donald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...

An Income Tax department survey in Gurgaon's Badshahpur tehsil unraveled that a single fictitious Permanent Account Number (PAN), 'ABCDEF12...

On October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individual...

For Americans earning money while living and working abroad, one of the biggest 2026 tax changes is the higher foreign earned income exclus...

The Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...

When it comes to taxes, what you end up paying really depends on things like your income, financial goals, and how you file. Luckily, there...

Brussels is considering taxing big US tech companies through a broad levy on large corporations in an effort to raise revenues for the EU w...

Individuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions b...

IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...

The IRS has raised the 2026 standard deduction to $16,100 for single taxpayers, with higher amounts for married couples and heads of househ...

If you're managing cryptocurrency on international exchanges without disclosing them in India, the Foreign Assets of Small Taxpayers – Disc...

In a noteworthy decision, the Income Tax Appellate Tribunal has exempted Fireeye, an Irish company, from capital gains tax on an indirect t...

Homeowners may want to look twice before claiming mortgage interest and property taxes as tax breaks in 2026. Those expenses help only when...

India should focus on taxing capital income, such as corporate profits and dividends, to address inequality. Economist Daniel Waldenstrom s...

A recent ITAT ruling highlights a crucial tax issue for property buyers: an increase in stamp duty value between the agreement and registra...

IRS relief payment and $2,000 tariff dividend: Rumors of a new federal stimulus check are circulating online again. Digital posts and unsol...