The department has advised taxpayers to review their ITRs, verify the correctness of their exemption claims, and revise their returns, if required by Dec 31. NEW DELHI: The Central Board of Direct ...

Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice gesture, he doesn't think saving money will be necessary with "universal high income" ...

If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...

President Trump is floating an idea that could appeal to millions of budget-strained households: using tariff revenue to reduce, or even eliminate, the federal individual income tax. But tax experts ...

Intermediate-term bonds offer attractive yields and potential capital gains as rates fall. Attractive yields can be found in stocks domiciled in less popular markets such as the UK and Brazil. Credit ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

Political Calculations' initial estimate of median household income in September 2025 is $85,157. This estimate represents a $691 (+0.8%) increase over our initial estimate of $84,466 for the U.S.' ...

A slim slice of consumers in the top quintile of incomes is doing the majority of spending in this economy. Apple’s latest financial results give us a glimpse into this phenomenon. After a couple ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...