Receiving a notice from the Income Tax Department can make any taxpayer nervous. But experts say — a tax notice doesn't always mean you're in trouble or guilty of tax evasion. In fact, there can be ...

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

The latest version of the Senate's massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur ...

This means you'd still report the money you earned from tips and overtime on your tax return, but you wouldn't owe federal income tax on it.

WASHINGTON, June 29 (Reuters) - The Republican-controlled U.S. Senate narrowly advanced President Donald Trump's, sweeping tax-cut and spending bill on Saturday, during a marathon weekend session ...

Party lawmakers have devised a way around an earlier procedural roadblock to their safety-net cuts.

If not extended, the nonpartisan Tax Policy Center found that people earning between $66,800 and $119,200 would pay an additional $1,380 in federal income tax in 2026 if the GOP measure dies.

Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data shows. We look at how taxation on the state pension works.

Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.