The Earned Income Tax Credit (EITC) is a crucial federal tax benefit for low to moderate-income workers in the United States.

ITAT Agra held that confirming penalty under section 271B of the Income Tax Act before finalization of quantum assessment is unjust and unfair. Accordingly, matter restored back to CIT (A) for fresh ...

Is Rachel from Accounts about to make the most calamitous decision of her eight-month tenure as Chancellor by axing tax-free ...

Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...

A.P. Moller-Maersk reported a 65 percent increase in earnings before interest and taxes (EBIT) to $6.5 billion in 2024, ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Radiant ( NYSE: RLGT) reported adjusted earnings before interest, taxes, depreciation and amortization of $12 million, 56% higher y/y. Adjusted earnings before interest, taxes, depreciation and ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

( NewsNation) — The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save ...

Depending on your financial situation, you might benefit from paying off debt, investing or both. Here are some things to ...