In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Rachel Reeves will be the first chancellor since Denis Healey in the 1970s to raise income tax. It will only push Britain ...

A Regional Analysis Based on Tourism, E-Commerce, and Education Sectors This study assesses the impact of China’s Value-Added Tax (VAT) and Individual Income Tax (IIT) reforms on per capita income ...

The IRS has increased 401(k) and IRA contribution limits for 2026, providing Americans with more room to save for retirement and reduce their tax bills.

John Ricco, an analyst with the Budget Lab at Yale University, estimates that Trump's tariffs will raise $200 billion to $300 ...

Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025.

Insiders say Reeves has opted against reducing tax-free pension lump sum withdrawals amid concerns that it would hurt pensioners. Retirees will still be able to take up to 25% of their pension—capped ...

One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard ...

Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

You can attempt to buy dividend stocks in such a way that you collect dividends every month, or just buy some stocks that pay dividends monthly. Realty Income is a high-yield REIT with a long history ...