A recent Credit Karma survey found that 37 percent of taxpayers rely on their refund to get by, rising to 50 percent among millennials. Nearly half of those respondents who count on their refund said ...

Note: Staying under these limits per recipient exempts you from filing a gift tax return for the year. But exceeding the limit doesn't necessarily result in owing tax, thanks to a high lifetime ...

The best tablets are used for a variety of reasons, but they're especially perfect for note taking. These devices are a digital alternative to pen and paper, making it easier than ever for ...

From 1st July 2017, the procedure for importing goods into India is set to change with the implementation of GST. The new GST Bill of Supply requires the GSTIN of the importer for levying IGST, GST ...

The credit is not refundable: If you don't owe any taxes, you won't be able to claim it. However, you can carry it forward to reduce your tax liability in the future. If you became a parent in ...

We note that Consumer sector performance in Q4 could be even better than it looks from the strong performance of companies in our sample ... in collaboration with credit expert Dr. Edward I.

Additionally, Republicans are eyeing an even bigger increase to the original child tax credit from the TCJA while Biden-era tax provisions like the electric-vehicle credit are on the chopping block.

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

2. Standard Deduction Limit Raised: In the Union Budget 2024, Finance Minister Nirmala Sitharaman increased the standard deduction for salaried individuals to Rs 75,000 from Rs 50,000. Whole ...

Copyright 2025 The Associated Press. All Rights Reserved. A machine is operated at a facility for the Norwegian company Nel, which makes makes devices that take water ...

But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits ... producers receiving the credit aren’t inadvertently ...

The Treasury Department has released its final, and expanded, guidance on an Inflation Reduction Act tax credit meant to boost investment in hydrogen, creating a pathway for the credits to be ...