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 ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable income ...

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 ...

The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and ...

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 ...

If you're living with a disability in Canada, there's a federal benefit that could be landing in your bank account soon — and ...

Taxes can quietly chip away at retirement income, and even well-prepared retirees may be caught off guard by how much they owe. But the IRS doesn't get a cut of every dollar you make. With the right ...

Learn the average Social Security benefit for 75-year-olds, why payments are higher for late claimers, and how to estimate ...