For example, the Child Tax Credit, which was doubled in 2017 to $2,000, will get an additional boost to $2,500 per child. However, at the same time millions of households would no longer be able ...

The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after ...

Getting letters from the IRS? These warning signs could mean a wage garnishment is coming — unless you act quickly.

Clear Start Tax Helps Americans Navigate IRS Letters With Clarity and Confidence IRVINE, CA / ACCESS Newswire / June 27, 2025 ...

An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy – and adds a new tax on ...

According to the Income Tax Act, employers are required to provide Form 16 on or before June 15 at the end of the financial year. Form 16 is mandatory for salaried taxpayers.

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes deducted from your salary and deposited with the Income Tax Department.

The Senate parliamentarian has rejected a Republican attempt to exempt a small number of religious schools, including ...

ITR-2025: As a taxpayer, you should know which form applies to you based on the source of your income. Here we give a lowdown on common income tax forms ...

A proposed new U.S. tax rule may raise withholding taxes on dividends for some foreign investors. Read more here.

Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system.

How to Deduct Workers' Compensation From Federal Tax Form 1040. ... The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040.