The IRS has revealed its new tax brackets for 2026, representing a 2.7 percent increase to reflect inflation impacts on ...

Pub. L. No. 119-21, enacted on July 4, 2025, marks a sweeping overhaul of the United States Internal Revenue Code of 1986 (Code). Fulfilling a major campaign promise of the Trump Administration, the ...

CBDT Chairman stressed that the department aims to make the new forms straightforward, ensuring taxpayers can comply with ...

Perhaps income tax advocates in Washington feel emboldened by the shocking court ruling in 2023 to deviate from these clear decisions when the state supreme court ruled that a tax on capital gains ...

A campaign pushing for an increase in the income tax threshold has reached a significant milestone, with growing demands for Chancellor Rachel Reeves to adjust the personal tax allowance limit for the ...

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The leader of Labour in Scotland has refused to say whether Rachel Reeves will break the party’s manifesto commitment not to raise taxes. Anas Sarwar said taxpayers will have to “wait and see” what is ...

HM Revenue and Customs (HMRC) is dispatching more than 200,000 letters to people who will be affected by changes to the tax system next year. Just five months remain until sole traders and landlords ...

Chancellor Rachel Reeves will need to make desicions on taxes in the year's Autumn Budget as she looks to fund government spending on defence and net zero projects as well as plug the fiscal black ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...