Selling items online, taking on side jobs, and gambling winnings can impact your taxes. Here are some tips to avoid common mistakes.

As tax season approaches, freelancers face unique challenges that traditional employees don’t have to consider. Without an employer to withhold taxes, manage paperwork, or provide financial guidance, ...

Is car loan interest tax deductible for you? Discover the rules, who qualifies and how to maximize this potential tax break.

IRS audits have a way of killing the vibe during tax season. While the Internal Revenue Service is going through some major ...

The Lagos State Internal Revenue Service’s Director of Legal Services, Seyi Alade, speaks to ARINZE NWAFOR on how the agency ...

The dream оf homeownership іs a cornerstone оf the Canadian experience. Yet, for self-employed individuals, navigating the ...

To generate a big amount every month from PPF(Public Provident Fund), you have to begin with a Rs 1.50 lakh investment every year and continue it till the maturity period of 15 years. Later, you can ...

While you don’t have to claim a refund right away, the IRS says you should still “consider filing as soon as possible.” The ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...