The cost of owning a boat could be getting cheaper in South Carolina as two bills in the state House are aimed at lowering taxes for boat owners.

The way Utah schools get their money may soon change — if a bill in the Utah Legislature, which would require local property ...

This reporting change will give the IRS a clearer picture of how much you earned in untaxed income this year to help ensure ...

The most commonly defended argument from scholars for why one should pay taxes is a duty of fair play. Fair play is the notion of reciprocity, the idea that you should not take advantage of others. As ...

If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...

Filing your taxes is just the first step. If you find yourself unable to pay your tax bill, don't panic. The IRS offers ...

The Treasury’s payment system is responsible for delivering trillions in Social Security payments, Medicare benefits and more to millions of Americans across the country. And Friday, the highest ...

Now, according to the old tax regime slabs, you would pay a total income tax of Rs 1,72,500 -- Rs 52,000 more than what you will pay under the new regime. Divya Baweja, Partner, Deloitte India ...

Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax in the new tax regime. Sitharaman also proposed changes in the slab ...

First of all, you need to visit income tax department's website and click on tax tools. Now, there are three options of calculators: Tax Calculator: Old vs New Regime, Tax Calculator and Income ...

Over 85 per cent of personal income tax payers will not need to pay any income tax under the new income tax regime announced by finance minister Nirmala Sitharaman in the Union Budget 2025. This is a ...

I am now happy to announce that there will be no income tax up to an income of Rs 12 lakh." As per the announcement, taxpayers earning up to Rs 12 lakh in the financial year 2025-26 won’t have to pay ...