A new year means a new set of annual registered plan contributions. Ideally, if you have any cash left over after paying down your holiday spending, contributing it early in the new year can provide a ...

DRD allows up to 100% tax deduction on dividends from related U.S. entities. Ownership tiers affect deduction percentage; less than 20% ownership gets 50%. DRD prevents triple taxation ...

In addition to Section 80E deduction, taxpayers could also claim deduction under Section 80C for any amount paid towards tuition fee for the purpose of full-time education of any two children of the ...

The pledge to raise the cap on the state-and-local-tax deduction has caused particular consternation among Republicans because limiting the SALT deduction was one of the main methods used in 2017 ...

In her insightful column (“How to trade in the Trump era”, Opinion, FT Weekend, November 16) Gillian Tett depicts seven points that investors need to ponder if they want to continue to ...

The United States Postal Service and volunteers have responded to North Pole holiday correspondence over the past century Alicia Ault; Updated by Kayla Randall The mailbox for letters to Santa ...

This means you can deduct up to $3,000 of that loss against either your salary income or interest income. If your net capital loss exceeds $3,000 you can carry it over to subsequent tax years.

Axis Bank officials in Hyderabad are accused of stealing Rs 6.5 crore from the account of an Indian-origin man living in Australia. The officials allegedly forged signatures and used loose-leaf ...

Alarm bells will be ringing for FlexPlus account holders as Nationwide is hiking its fees. As one of the bank's most popular accounts, customers pay a monthly fee to receive various benefits.

The exact amount of the IRS standard deduction changes each year to account for inflation. What is the standard deduction? The standard deduction allows you to reduce your income by a set dollar ...

See how we rate tax products to write unbiased product reviews. If you're someone who itemizes deductions on your tax return, donating a car to charity could boost your tax savings. Many charities ...