The triple lock sees the Department for Work and Pensions (DWP) state pension rise each year in line with whatever is highest out of: wages for May to July, 2.5% or September's inflation figures.

The new federal tax and spending law includes tax breaks for middle-income workers who earn tips and overtime pay.

No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction.

A Florida woman has been sentenced to 30 months in federal prison for orchestrating a decade-long scheme to hide more than $90 million in offshore assets.

U.S. trading firm Jane Street is not co-operating with the income tax department in the ongoing investigation against the ...

The pilot program, launched in 2024, allows millions of Americans to file their taxes directly through the IRS free of charge.

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how Americans approach tax planning.

The Income Tax Department has issued a warning about phishing emails related to tax refunds, advising the public not to click on suspicious links. The department emphasized that personal or bank ...

ITR filing FY 2024-25: The Income Tax Department has enabled online ITR-2 filing for FY 2024-25, allowing taxpayers with salary, capital gains, and cryptocurrency income to file returns by ...

Local social media is lighting up with dissatisfaction and surprise upon receipt of current school tax bills (property tax).

Between Trump’s tax bill and the dismantling of the Department of Education, student loan borrowers are about to feel the squeeze.