Shrivastava’s criticism comes in response to fresh developments in India's ATM transaction charges. The Reserve Bank of India ...

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

Mass IRS layoffs in the middle of tax season means fewer audits of wealthy people's complex returns, which some say essentially gives rich people an unintended tax break. Like they need one.

WASHINGTON – If you need help sorting out your taxes, there are several free options offered by the IRS to help you prepare your return and file before the deadline and get your refund directly ...

Social Security has spent weeks clearing out bad data from its records, sifting out millions of cases where Social Security number holders were over the age of 120. The Department of Government ...

My tax situation has always been just complicated enough that I never seemed to qualify for free tax filing: Freelance income, home sales, itemizing my return to claim the mortgage interest ...

The death of a loved one can bring a lot of uncertainty, but there is some clarity to be had when it comes to their tax situation. Thomas is a native of upstate New York and a graduate of the ...

While the idea of eliminating income taxes sounds appealing to a lot of people, here’s what it could mean for the economy and your wallet.

Estate taxes are imposed on the deceased's estate before inheritance distribution. Inheritance taxes are paid by heirs on received amounts, varying by state. Federal estate tax applies only to ...

With thousands let go from the IRS, the details of the survey reveal people feel more confident they can get away with skirting the agency because of its smaller workforce. Federal cuts by the U.S.

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...