Key Points ・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable income. ・If forgiveness occurs in 2026 or later, you’ll likely receive Form ...

In the same way that workers must pay tax on their earnings, landlords also have to pay tax on the income they receive from ...

Key Points ・Tax-loss harvesting lets investors use losing investments to offset capital gains and reduce taxable income. ・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 ...

Yes, most business grants are taxable. Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of ...

TENS of thousands of pensioners could be soon forced to pay tax on their state pension – but there are steps you can take now ...

While a good number of Indians ditched the old tax regime (and its 80C deductions), here's what they may be missing: tax-free compounding that works under any regime. While the new regime took away ...

Uttar Pradesh and Rajasthan announce Diwali bonuses for state government employees, offering up to ₹6,908 and ₹6,774 ...

For some fortunate workers, a good year for your employer means a bonus is coming. That can be exciting news since some companies are cutting budgets, laying off workers, or scrapping bonus pay or ...

Let me tell you about my friend Sarah's "dream job" disaster. She landed what seemed like an incredible $95,000 offer last year.

Parents across Canada might want to keep an eye on their bank accounts this week — the Canada Child Benefit payment for ...

Summary of Section 40(b) rules for partner remuneration and interest deductibility. Details caps, partnership deed requirements, and limits on tax-saving ...