You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

GAAP operating loss in the fourth quarter of 2024 was $12.4 million compared to operating income of $3.9 million in the fourth quarter of 2023. Non-GAAP operating loss was $6.7 million in the fourth ...

WASHINGTON (AP) — The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency’s plan to go after high ... high-income tax cheats as well as ...

If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

The international cruise industry took a hit Thursday after new Secretary of Commerce Howard Lutnick announced that cruise lines will be required to start paying U.S. taxes. Shares of several ...

Trump has boasted about bringing the U.S. economy back to a "golden age," prior to 1913 when the federal income tax was created, where government funding primarily came from tariffs — though ...

The directive provided for the reduction of all tax liabilities for the calendar year 2024, including any special levies accruing to the Special Education Fund, on property, machinery and ...

75,000 Taxable Income (after deductions): 11,99,550 With these deductions, your net taxable income falls below ₹12 lakh, making you eligible for zero tax liability under the new regime.

ITR filing 2025: The Income Tax Bill 2025 has reportedly tweaked the taxpayers’ ability to claim refunds on their Income Tax Returns (ITR) if filed after the due date. According to reports, the ...

ASIA United Bank Corp. (AUB) saw its consolidated net income increase by 36% year on year to P11.3 billion in 2024, mainly driven by double-digit loan growth. This translated to a return on equity of ...

Lumagui Jr. reports that after a successful large-scale raid against illicit cigarettes in Bulacan and Valenzuela last November 6, 2024, the BIR has filed a tax evasion case against the culprits ...