HMRC has responded to calls to increase everyone's personal allowance from £12,750 to £20,000, following a petition signed by more than ...

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

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

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

Mercury reports most business credit card rewards are not taxable, treated as rebates, but bonuses not tied to spending may ...

With every Union Budget, one of the most closely watched announcements by India’s middle class revolves around personal ...

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

With the tax deadline coming up, you might think rushing through your taxes would be fine. Find out why you should slow down ...

The threat of a new billionaire tax in California has triggered a wave of wealthy residents heading for the exits. And ...

Many IRS installment agreements fail not because of missed payments, but because taxpayers overlook ongoing compliance ...