Budget 2026 discussions have once again brought attention to the major tax reforms introduced in recent Union Budgets, ...

Foreign spending by Indians faces a tax anomaly. While forex and debit cards incur Tax Collected at Source (TCS) under LRS, ...

Filing taxes can be daunting, even overwhelming. Whether you file with help from a professional or on your own, calculating precisely what you owe to the Internal Revenue Service, or what the IRS owes ...

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

Taxes for 2025 are due for most of us by April 15, 2026, which falls on a Wednesday. If you don't expect to file by then, you can request a six-month extension. If you filed electronically and chose ...

For millions of Americans who earn income outside of a traditional paycheck, the start of the year brings an important tax obligation. The IRS requires quarterly estimated tax payments on income that ...

A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.

Tax filings for the 2026 season begin Jan. 26, the agency announced. “The Internal Revenue Service is ready to help taxpayers meet their tax filing and payment obligations during the 2026 filing ...

(NEXSTAR) – In 2025, nearly 300,000 Americans used a new electronic system to file their taxes directly with the IRS for free. In 2026, that’s no longer an option. IRS Direct File launched as a pilot ...

Tax experts and labor leaders warn the rules are more complicated than they sound Tax experts and labor leaders warn the rules are more complicated than they sound Tax experts and labor leaders warn ...

Lower brackets rise more: Income thresholds for the two lowest tax brackets increase about 4% in 2026, while higher brackets rise roughly 2.3% compared with 2025. New breaks under Trump’s bill: ...