New Delhi: If your savings account maintains a high balance despite low expenses, the Income Tax Department may ask you to ...

ITAT Kolkata held that gifts received from a brother-in-law are exempt under Section 56(2)(vii), as the relationship qualifies as relative for tax ...

Explore our complete guide to how every state taxes retirement income — including pensions, IRA and 401(k) withdrawals, and ...

New IRS adjustments for 2026 quietly ease the tax burden, offering middle-class Americans bigger deductions and more credits.

The ACC investigation found that despite lacking registration, they collected Tk45.35 crore from 23 different entities ...

What will the extra lucky winner do with their $490 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

Insiders say Reeves has opted against reducing tax-free pension lump sum withdrawals amid concerns that it would hurt pensioners. Retirees will still be able to take up to 25% of their pension—capped ...

The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next ...

Inheritance Funding reports inheritance advances aren't taxable in the US, serving as a financial lifeline for heirs facing ...

Selling a law firm is literally the culmination of a lifetime of work. It’s the Big One. It’s the reward for the effort of an entire career ...

Edwin Castro of Altadena, California, who won $2.04 billion Powerball lottery Nov. 7, 2022, opted for the lump sum, which was just shy of $1 billion.

Dear Liz: Because of the Social Security Fairness Act, my wife got a huge lump sum check (catchup, I suppose) and will now get monthly Social Security benefits. This is good news and bad news, ...