Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

Tax experts say correcting mistakes proactively can help taxpayers avoid scrutiny notices, interest costs and prolonged ...

The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...

A belated ITR is filed when a taxpayer misses the original filing deadline. As per Section 139 (1) of the Income Tax Act, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Year-end is your chance to turn business success into long ...

The clock is ticking on several significant tax changes that could impact your 2025 return-and your long-term financial strategy. With new provisions from the One Big Beautiful Bill Act (OBBBA) taking ...

St. Louis Mayor Cara Spencer signed a bill giving you the chance to vote on the city's earnings tax. Voters will decide on keeping the tax in April. Like nothing they have ever seen: Trump orders ...

Lululemon beats Q3 estimates and lifts guidance, sending shares up nearly 11% after hours. CEO Calvin McDonald to step down as US sales weaken and board seeks new leadership. Founder Chip Wilson ...

NEW YORK, Dec 10 (Reuters) - Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about ...

TURIN, Italy, Dec 10 (Reuters) - Juventus registered their first home win of this season's Champions League but were made to battle before overcoming Pafos 2-0 at home on Wednesday thanks to ...