In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax ...

The government refunded 12.55 lakh faulty toll deductions in 2024, amounting to 0.03% of FASTag transactions. Over Rs 2 crore in penalties were imposed on toll agencies. NHAI plans AI-based monitoring ...

Errors in the calculation of user fees or tolls; double charging of users; instances of duplicate transactions; and return ...

EPF withdrawals are taxed differently depending on various factors, so understanding the rules can help you avoid unexpected taxes and manage your finances better.

The record-high FAAC disbursements were attributed to major fiscal reforms implemented by the federal government.

The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the Federal, State, and Local Governments in 2024.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

The U.S. tax code didn’t get to be 74,000 pages long without getting a little confusing. But don’t throw up your hands just ...

It happens on the night of the full Worm Moon, but you might need to drink some coffee because it'll be pretty late before the total eclipse period. For a few days this month, sky watchers will be ...

The state of Indiana offers two different property tax deductions to certain veterans: a $14,000 deduction and a $24,960 ...