Until last year, we received Form 16 under the old tax regime, which included all allowances such as house rent allowance, ...

Q: I just sold my house and moved into a 55-plus community. I paid an entrance fee to the community and now pay rent on my ...

City Council members discussed Tuesday the possibility of providing $5 million in short-term rental tax revenue to support ...

We've all heard the saying that nothing is certain but death and taxes. I haven't yet found the secret to living a long life, ...

Most married couples file a joint income tax return. But there are some cases in which choosing the married filing separately option may be better. There are several tax breaks that married ...

If you own property overseas, your U.S. tax benefits depend on how you use the property. Find out which tax deductions you ...

Texas state tax has pros and cons. The statewide sales tax rate of 6.25% is a bit high, and localities can add 2%. Property taxes in Texas are also on the high end but were recently lowered for many.

Common home-related tax deductions include those for mortgage interest ... But special rules apply if you rent it out. Your lender will send you Form 1098 in January after the end of the tax year, ...

Kamloops city council is on the verge of adopting a new revitalization property tax exemption to incentivize the construction of new rental housing in core areas of the city. The 10-year exemption ...

You might have heard about a specific age when Social Security benefits become tax-free. It may have been 70, 72, or even 65. Well, whatever age you’ve had in mind, it's time to put this Social ...

This is known as the 'trading allowance'. In addition, if you make money from your property, you can also earn £1,000 before paying tax on the income. This may be helpful if, for example, you rent out ...

Keir Starmer and Rachel Reeves promised no tax rises on working people, and sometimes said that no additional tax rises were needed to fund the plans in their manifesto. Within days of the ...