Many people have heard the old advice not to give an interest-free loan to the government, but getting a tax refund isn't ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...

Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

it will not attract any tax liability. Since gifts received from specified relatives (such as a spouse or parent) are exempt from taxation, the amounts received by both you and your daughter will ...

If you are availing exemptions or deductions under the old tax regime, the new tax regime may lead to a higher tax outgo.

From April 2012 the rate of inheritance tax is 36% (from 40%) for estates leaving 10% or more to charity.

The good news is that personal transactions on the payment platform typically don’t generate tax liability. But when you use Venmo for business purposes or the sale of goods for a profit ...

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways.

Nice, erm, um well . . . Nice to see ya’ll again at or near this nebulous home home on the range of Texas taxability! Welcome back to another tax-packed installment of all things Texas ...

Tax shields reduce taxable income, which leads to a lower overall tax liability, effectively saving the taxpayer money. The lower the taxable income, the lower the tax owed, which is how tax ...