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

If an individual has an LTCG of Rs 4 lakh and an LTCL of Rs 2 lakh, the net LTCG would be Rs 2 lakh. Therefore, taxable LTCG ...

The Earned Income Tax Credit (EITC) offers a valuable opportunity for low- and moderate-income workers to reduce their tax ...

But because of changes in effect with the Stay NJ law — which created a combined application for ANCHOR, Senior Freeze and ...

Harbour Energy swung to an annual loss in 2024 as the UK's windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.

Section 147 allows reassessment if the AO has a “reason to believe” that income has escaped assessment. The Finance (No. 2) Act of 2009 inserted Explanation 3 to Section 147, clarifying that the AO ...

Withdrawals from an IRA that start before required minimum distributions (RMDs) are due can reduce the amount of your future RMDs, although not on a dollar-by-dollar basis. RMDs are calculated based ...

A new proposal could eliminate taxes on tips, overtime, and Social Security, giving service workers more take-home pay.

One other hiccup is Trump's vow to end federal taxes on Social Security benefits. In addition to payroll taxes, income taxes on benefits are a major source of revenue for the program. If the Trump ...

The candy maker saw strong demand for the bonds with investors placing orders for around $114.4 billion worth of notes.

Online fashion marketplace Zalando said on Thursday it expected higher profits in 2025, supported by further growth in both its online platform and the business servicing other retailers.

FMCG stocks haven’t been a safe haven for investors,” says Pramod Gubbi, co-founder of Marcellus Investment Managers’.