Why tax-free limit is higher for salaried-class individuals This is because a standard deduction ... your income tax on incomes of Rs 7 lakh, Rs 14 lakh, Rs 21 lakh, and Rs 28 lakh in old and new tax ...

Receiving a letter from the IRS can be unsettling, but understanding its purpose and knowing how to respond can ease concerns ...

With the cost of living rising, taxpayers plan to use IRS refunds to cover necessities over making leisure purchases, ...

The IRS recently updated its income tax bracket ranges and the standard deduction for 2025. Depending on your income level, that means your paycheck and tax liability might have changed.

I’m embarrassed by the recent treatment of President Volodymyr Zelenskyy in the Oval Office and the lies that he is a dictator (he won his election by 73%) and that Ukraine started the war ...

The alternative minimum tax (AMT) can reduce or eliminate the benefit of the standard deduction ... you compare it to your regular tax bill. If the AMT is higher, you pay the AMT instead of ...

Zack Sigel is a writer and editor based in New York City. He has been managing editor at Policygenius and M1 Finance, where he led teams specialized in writing about business and finance, and he ...

Pay equity experts say New Zealand is woefully behind developed countries in terms of pay transparency, while critics of the bill say it could lead to tension between employees. Employers can put ...

If you don't see it, please check your junk folder ... I was inspired by Jeff Packard’s wonderful letter describing the origin of our national anthem and how it can be seen as a rallying ...

For years, social media users have claimed that the terms "uppercase" and "lowercase" got their names becase capital letters were stored in the upper case of traditional printing presses while non ...

We do. Along with their salaries, we the taxpayer pay for their expenses and staff. Here is an idea: Let’s take the senators and congressmen and their expenses off the federal government.

Anna Skinner is a Newsweek senior reporter based in Indianapolis. Her focus is reporting on the climate, environment and weather but she also reports on other topics for the National News Team ...