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Tax News

Received your Income Tax Refund? Here is how to make the most of it

As July marks peak tax season, many receive their income tax refunds. This article reveals how to turn that refund into a financial game-changer. Rather than splurging, find out how to use this influx wisely to pay off debts, bolster your emergency fund, and invest for the future.

Updated 5 hours ago

You could still be owed an IRS tax refund from the COVID years—here's why

IRS has opened online filing for COVID tax refund claims (REUTERS/Erin Scott/File Photo)

Published 4 days ago

Trump's $2.2B portfolio fueled by crypto; $1.4B income may face huge tax bill

Trump's $2.2B portfolio is powered by crypto, stocks and investments. (Photo by Andrew Harnik / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Published 10 days ago

Big changes from July 1: Costlier passports, free Aadhaar updates, EPFO services

Multiple changes to government services and financial regulations have come into force from July 1.

Updated 12 days ago

US threatens 100% tariff over digital services tax: Will it impact India?

The Trump administration has been a strong opponent of the digital services tax.

Updated 16 days ago

Carlos Mencia faces charges over alleged $8 million income reporting failure

Mencia owes more than $300,000 in state taxes on income totaling $8.7 million. (AP Photo/Gus Ruelas, File)

Published 23 days ago

‘No human should face this’: Man stunned over ‘exit tax’ after leaving Quebec

The post quickly drew mixed reactions from users on X.

Published 23 days ago

5 easy tax-saving hacks that can help you have a better retired life

Learn five retirement tax-saving strategies. (Pexel/Representative image)

Published 25 days ago

‘How babus harm Indian engineers’: Indian-American founder on tax rules

A US-based founder explains why he can't give equity to engineers in India.

Updated 26 days ago

Government announces tax exemption for FII investments in G-secs: What to know

In a strategic move to attract Foreign Institutional Investors (FIIs), the Indian Government has announced tax exemptions on investments in Government securities (G-secs).

Published 31 days ago

World Cup betting in 2026? Here's why taxes could matter more than wins

The 2026 FIFA World Cup could generate record betting activity.(Getty/Representative image)

Published 32 days ago

Man hit with $10,000 IRS bill, 30 years after Social Security overpayment claim

Man hit with $10,000 IRS bill, 30 years after Social Security overpayment claim (REUTERS/Ken Cedeno/File Photo)

Published 37 days ago

Trump tax law 2026: How new deductions could increase Americans' tax refunds

New deductions may help Americans save more money (Pixabay/Representational image)

Published 37 days ago

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta calls Australia's new proposal to tax platforms 2.25% of all Australian revenue "indefensible".

Updated 39 days ago

Jeff Bezos rips NYC's school budget and 'tax the rich' agenda in fiery clash

Jeff Bezos took aim at NYC Mayor Zohran Mamdani over the city's record school spending.

Published 52 days ago

Transporters across Delhi-NCR to go on strike for three days from May 21

Separately, CAQM has proposed banning the entry of BS-4 and older commercial vehicles into Delhi-NCR from November 1, 2026, as part of efforts to cut vehicular pollution.

Updated 54 days ago

Federal gas tax per gallon explained: How much are you paying in your state?

The federal gas tax could soon become a major political issue as gas prices near $5 per gallon nationwide.

Published 62 days ago

‘Muthu ji, your political views…’: Rahul Gandhi's banter with investment advisor

Lok Sabha LoP Rahul Gandhi.

Published 63 days ago

SC to hear on May 20 pleas on legislative power to tax mineral rights

SC to hear on May 20 pleas on legislative power to tax mineral rights

Published 68 days ago

‘April payslip just ruined my mood’: Salaried employees react to steep TDS cuts

Social media users reacted to April salaries, saying heavy tax cuts left them frustrated.

Published 73 days ago

Amazon techie asks where his tax money is going: ‘Broken roads, toxic air’

The Amazon employee vented about the tax burden as someone in the highest tax bracket

Updated 75 days ago

Asmongold reveals his $397K IRS tax bill,sparks debate on social media

Zack Hoyt, aka Asmongold presented the letter by IRS during his livestream

Published 82 days ago

‘Destroying New York’: Trump to Mamdani's pied-à-terre tax. What is it?

President Donald Trump talks after meeting with New York City Mayor-elect Zohran Mamdani in the Oval Office of the White House, Friday, Nov 21

Published 87 days ago

Scott Bessent reveals ultimate tax withholding hack to increase take home pay

Scott Bessent says adjusting your tax withholding can help you take home more money right away.

Updated 87 days ago

Tax day treats: 10 US chains giving away free food and discounts today

Free donuts, cheap pizza, and big discounts. Here’s what you can grab this Tax Day.

Updated 89 days ago

4 critical mistakes to avoid if you are filing taxes at 11:59 pm today

A view of the Internal Revenue Service (IRS) building in Washington, D.C.

Published 89 days ago

Could you receive a $6,700 tax refund? IRS rules explained

The potential refund boost comes from combining two key benefits: the Adoption Tax Credit and the Child Tax Credit (CTC).

Published 96 days ago

IRS Fresh Start program: What it can and can't do for your tax debt

Each year, millions of Americans are impacted by tax debt.

Published 100 days ago

Can you claim a deceased person’s tax refund? What the IRS says

If the deceased person is owed a refund after the final tax return is filed, the IRS says the payment typically goes to a surviving spouse who files a joint return.

Updated 120 days ago

IT department notice to 63,000 restaurants for ‘underreporting’ income

In some cases, recorded sales were not fully reflected in financial accounts or tax filings.

Published 125 days ago

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