Direct indexed tax loss harvesting is a strategic approach to managing your investments that can provide significant tax ...

Married couples need to determine which tax regime offers lower tax liability for each spouse considering their income ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

Though death and taxes may be certain, investors should always seek legal ways to minimize their tax liability. Lower taxes mean higher net investment returns and higher disposable income.

The big question remains—should taxpayers still consider the Old Tax Regime? Previously, individuals claiming substantial ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.

As painful as it is to pay taxes during your working years, you might loathe the idea of paying taxes in retirement even more ...

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...