It was the biggest headline from Labor's federal budget on Tuesday: new tax cuts for all taxpayers. From July 1, 2026, the ...

The tax rate depends on how long you hold it before selling. If you own cryptocurrency for a year or less, you’ll pay ...

"Interest paid on your CDs will be taxed as ordinary income just like wages when you file your taxes," said Lisa Greene-Lewis ...

The IRS recently updated its income tax bracket ranges and the standard deduction for 2025. Depending on your income level, ...

Despite the setbacks, most Americans now have a favourable view of Obamacare (see chart 6). Polling showed that favourability ...

What’s more, nearly 17 million Americans 65 and older are economically insecure — living at or below 200 percent of the federal poverty ... the money grows tax-deferred and you pay ordinary income ...

President Donald Trump has proposed a plan to abolish federal income taxes for Americans earning less than $150,000 per year, ...

Social Security and Medicare are taxed at a flat rate that’s more or less applicable to all taxpayers, but U.S. federal income tax rates are progressive. A higher income will put you in a higher ...

The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

The refunds belong to those who did not file their Form 1040 Federal Income Tax Return for the 2021 tax year (meaning the taxes filed in April 2022). According to the IRS, the median tax refund is ...

According to the TurboTax website, some situations not eligible for free filing with TurboTax* include: Those eligible for TurboTax free filing* can file federal and state income tax returns at no ...

As Nigeria moves forward with its 2024 tax reforms, a new Personal Income Tax Calculator has been introduced to help taxpayers understand how the proposed changes will affect their earnings. This was ...