Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to ...
There will be no tax burden on up to Rs 12 lakh annual income, except special income. The revised slabs will benefit those earning more than that from the next financial year. People on social ...
The highlight of Finance Minister Nirmala Sitharaman's eighth consecutive Budget is the relief to middle-class taxpayers from the salaried class. But the Budget speech, which also announced revised ...
The new tax regime offers five income tax slabs to taxpayers. The highest income tax rate of 30% is applicable if the net taxable income exceeds Rs 15 lakh. The new tax regime offers a tax rebate of ...
WASHINGTON—AARP Foundation Tax-Aide is providing free preparation now through April 15. Started in 1968, Tax-Aide is the nation’s largest free, volunteer-based tax assistance and preparation program ...
Select Age Group: Select your age group. This is because tax liability as per the government rules is based on the age of the income taxpayer. Proceed to Next Step: Click on ‘Go to Next Step’. Enter ...