April 1 marks the beginning of a new financial year after which Union Budget proposals on income tax take into effect ... look at some of the changes in tax rules that will be effective from ...

and can offset a limited amount of ordinary income like wages. Capital Gains Tax 101: Basic Rules Investors and Others Need to Know Whether you sell investment assets with a view toward tax ...

No-one wants to pay more tax than they need to at any stage of life, but it’s particularly important to avoid paying too much ...

The IRS manages the VITA program, which has been around for more than 50 years and is staffed by volunteers who are trained to provide basic ... special rules about state income taxes while ...

The Volunteer Income Tax Assistance (VITA ... your familiarity with basic tax rules, and how much time you are willing to spend. Article Sources Investopedia requires writers to use primary ...

There are, however, various special rules that may affect ... are subject to lower rates of tax than short-term capital gains, which are taxed at ordinary income tax rates. You therefore need ...

Rent plays a major role in the finances of millions in India, whether you're a tenant paying rent or a landlord receiving it.

A new standard deduction for small businesses that would supplement the existing standard deduction available to all tax ...

Wood is a tax lawyer focusing on taxes and ... The IRS and Treasury Department already delayed a rollout of the rules, but now they are gearing up. The basic idea is that the crypto exchanges ...

Since the separation of corporate ownership from management began, the corporate scene has changed significantly and ...

Income tax computation is done taking into account your basic salary, DA, HRA, short term and long term gains, other sources of income and also all deductions permissible under income tax rules.

The Internal Revenue Service (IRS) has established IRA transfer rules ... tax implications if converted to a Roth or liquidated. Investors converting a traditional IRA to a Roth IRA must pay the ...