Flexible spending accounts are offered by employers, and contributions are limited annually (in 2025, the limit is $3,300).

For most taxpayers, interactions with the IRS beyond the annual obligation to report income ... in the form of medical ...

For many, fixed deposits (FDs) are the bedrock of financial security. They offer dependable returns and a sense of certainty.

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking ...

Flexible spending accounts are offered by employers, and contributions are limited annually (in 2025, the limit is $3,300).

Which ITR form should you file? Income Tax Return: As we enter the tax season, taxpayers must file their Income Tax Return (ITR). The deadline to file ITR 2025-26 is 15 September.

Finally, after 121 days into the new financial year, the Income Tax Department has enabled online filing with pre-filled data for taxpayers using the form ITR-3.

Taxpayer was not entitled to deduct travel expenses related to his work as an employee, the U.S. Tax Court held, affirming the IRS’s deficiency determination. Taxpayer, a computer engineer, worked ...

One proposed initiative would cut the state income tax rate from 5 percent to 4 percent by 2029. Another would lower the threshold at which at state must issue refunds when tax collections are strong.

ITR-4 form is also called Sugam. This form is used by individuals, Hindu Undivided Families (HUFs), and businesses (except for limited liability partnerships) that have chosen the presumptive income ...

Medical expenses can be a major cost in retirement and if you haven't planned for them, you might be in for a rude awakening.