We explain how fines work for late returns and missed payments, and offer advice on what to do if you're struggling to pay ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Budgets usually witness a few days of number-crunching and reading the fine print, before markets settle down. In this case, ...

US President Trump announced tariffs on Mexico, Canada, and China but excluded India, which contributes 3.2% to the US trade ...

The Madras High Court stated that GST registration and payment of tax after inspection is not a voluntary conduct.The Bench ...

The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position ...

A casualty loss deduction is generally measured principally by your tax basis in the home, not by its fair market value. But ...

This guide covers taxable vs. non-taxable transfers, capital gains tax, retirement account distributions and more.

President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.

Downsizing retirees may benefit from tax savings, lower utility bills, and freed-up income. But could a new presidency impact ...

“The Bank of Canada’s job is still far from done even after the cumulative 175 basis points of rate cuts from the five per ...

During his campaign, President Trump proposed getting rid of taxes on overtime, tips and Social Security. What to know about those plans.