The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

The old tax regime continues to appeal to salaried taxpayers with home loans, insurance policies, and long-term savings.

A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...

The state pension means I am below the personal allowance. However, I also have workplace pensions which will take me above ...

Frozen thresholds mean more people than ever are set to pay an effective income tax rate of 60% as their earnings increase ...

Plus: Tax refunds, filing for free, car loan interest, Britney Spears goes to Tax Court, snowbirds suffer a defeat, Taxes ...

United Arab Emirates, Saudi Arabia, Oman, Qatar and Kuwait are some of those nations with zero personal income tax. The ...

HMRC faced a grilling from the Treasury Committee this week [January 13] over how the sweeping tax change will actually work ...

It's a month when finances can be tight for many - but one silver lining to January is the ability to claim back tax you are ...

A proposal moving through the South Carolina Senate would overhaul how the state collects income tax, eventually phasing it ...