You just need to understand how to take advantage of the tax code within legal guidelines to reduce your overall tax bill and ...

It’s difficult to understand why the Coalition thinks rolling out a policy that can be easily compared to negative gearing ...

Odd deductions, failing to file a tax return on time, and just making a lot of money can be enough to raise eyebrows with the IRS.

Most of the time, you'll probably find that any given tax credit is "nonrefundable," meaning that it can only decrease your ...

The great wealth divide between the rich and the poor in the United States continues to grow and it shows no signs of slowing down. But while most Americans don't begrudge others from earning ...

Most taxpayers depend on the same basic data to file returns. If you have a job, your employer must provide both you and the ...

The IRS touted big enhancements to Direct File this year, and with the tax deadline so close, it might be the best option for ...

Those who experienced a weather disaster this past year may be granted an automatic extension to file your taxes. Here’s how ...

Filing your federal tax return to the Internal Revenue Service (IRS) starts with having the right forms in hand. Whether you choose to e-file or submit a paper return, being well-prepared is essential ...

The bold new pledge to people locked out of the housing market will counter Labor’s pledge to allow most first home buyers to enter the housing market with a 5 per cent deposit.

A: The amount that you can gift-give is $18,000 annually to any person without triggering a gift tax. If you are married and your spouse is in agreement, you can double the annual gift to $36,000. You ...

For a salaried-class individual, the income up to Rs 12.75 lakh is tax-free. But even if they have an annual income of Rs 15.60 lakh, they can make it tax-free provided they take the benefit of ...