A new analysis reveals a stark and growing fiscal gap across the U.S., with residents in top-taxing states paying over 80% more than the national average. From New York's multi-angle levies to California's top-tier income rates, we break down what's driving the costs and who feels it most.
Millions of sole traders and landlords face a fundamental change in how late tax submissions are penalized, as HMRC prepares to replace automatic fines with a points-based regime starting in 2026.
With the 2025 tax filing season now open, millions of Americans are looking ahead to their 2026 refunds. We break down how to track your payment, expected wait times, and the potential impact of recent legislation on your bottom line.
As the IRS sharpens its focus on digital assets, experts warn that new reporting forms and stringent tracking requirements make accurate crypto tax filing more critical than ever. Missteps could lead to severe penalties.
India's government has reaffirmed its stringent cryptocurrency taxation framework in the latest budget, leaving the controversial 30% levy and 1% transaction tax unchanged, dashing industry hopes for reform and cementing a policy that has already driven billions in trading volume offshore.
India's latest budget proposal maintains its stringent 30% tax on crypto gains and 1% TDS, while introducing a new penalty regime for non-compliance with transaction reporting, including daily fines and a flat $545 charge for errors.
Rockford tax professionals forecast the highest average refunds in two decades, driven by new federal deductions for overtime, tips, and child investment accounts, though Illinois residents will miss out on one key benefit.
Moving to a state with no income tax might seem like a clear financial win, but the reality is more complex. Higher sales, property, and overall living costs in these states often offset the initial paycheck boost, creating a nuanced picture of who truly benefits.
As Americans begin filing their 2025 returns, a landmark tax overhaul passed by Congress is set to deliver significant savings for families, hourly workers, and homeowners through expanded deductions and new credits.
A scheduled increase in the taxable wage base for Social Security will impact earnings up to $184,500 next year, altering tax liabilities for higher earners and potentially widening the retirement savings gap for millions.
Official figures reveal a sharp 26% increase in the annual cost of public sector pensions, now reaching £39bn, with taxpayers covering the bulk of the expense as employer contribution rates rise.
The Internal Revenue Service's free online tracker is now active for taxpayers who have filed their 2025 returns, providing daily updates on refund status and estimated deposit dates for 2026.
A significant tax deduction increase for seniors, set for 2026 under the 'One Big Beautiful Bill Act,' is projected to hasten the depletion of Social Security trust funds by roughly six months, raising urgent questions about the program's long-term solvency.
The Northern Ireland Executive has suspended a planned revaluation of hotel business rates, averting significant tax increases for accommodation providers slated for 2026 and providing temporary stability for the region's tourism industry.
Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.
The U.S. Treasury Department has outlined its borrowing needs for the first half of 2026, projecting $574 billion in net marketable debt for Q1 followed by a significantly lower $109 billion for Q2, amid adjustments to cash flow forecasts and federal cash balances.
As global leaders gather in Davos, a coalition of over 400 affluent individuals from 24 nations issues a stark demand: governments must impose higher taxes on the ultra-wealthy to tackle inequality.
A new report reveals a strategic pivot in recruitment for 2026, emphasizing targeted hiring amidst operational challenges and major workforce reductions at companies like Amazon.
As trillions pass to heirs, inheriting property often brings complex financial obligations, from taxes to upkeep, that can erode perceived wealth gains. Experts urge careful planning to navigate the emotional and fiscal challenges.
With property tax payments due in Texas, homeowners are exploring exemptions, payment plans, and deferrals to manage some of the nation's highest effective rates. Here’s a guide to potential relief.
