You may still be able to slash your taxable income by up to $17,300 before filing—here's how
As with an IRA, you have until April 15 to make a 2024 contribution. For the 2024 tax year, individuals can contribute up to $4,150 if they have self-coverage and up to $8,300 for family coverage. If ...
Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
HighlightsSales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of ...
Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.
The IRS Is Watching: 5 Red Flags That Could Trigger an Audit
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...
Thinking of making a statement by not paying your income taxes? This is what that could cost you.
If this trend continues to the tax-filing deadline of April 15 that applies to most Americans, it could mean there are more ...
Rexel: Q4 sales & FY 2024 results
Q4 sales & FY 2024 resultsSales & Ebita margin in line with revised guidance 2024; FCF conversion exceeding objective Positive North ...
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...
Increased interest income: A blessing and a curse
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.
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Could DOGE End Individual Income Taxes and Eliminate the IRS?
The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...
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Income tax rates for individuals
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...