A lesser-known method is gaining attention, gifting mutual fund units to relatives to legally reduce, or in some cases ...

The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, digital nomads and business owners with activity abroad. A cross-border tax ...

The Central Board of Direct Taxes (CBDT) has issued a fresh notification authorising Commissioner of Income-tax at the Centralized Processing Centre (CPC), Bengaluru, to rectify errors and issue ...

File photo of Aishwarya Rai Bachchan at Cannes Film Festival 2025. In a significant win against the Income-Tax Department, the Bollywood actor won a ₹4 crore dispute in the Income Tax Appellate ...

When you receive a job offer, one of the first things you notice is the salary package. But terms like gross salary, net salary, and CTC often create confusion. Understanding gross salary is important ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there were seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

U.S. federal income tax has progressive brackets ranging from 10% to 37%. Tax deductions and credits can significantly lower taxable income and tax owed. Understanding adjusted, taxable incomes, and ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...