The new income tax regime’s revised tax slabs introduce rates ranging from 5% to 30%, with incremental increases across ...

Once Jeremy does find a job he can stick with, he’ll learn that it’s also hard for employees to get much in the way of tax deductions. Still, there are things they can do before year-end to save tax.

Companies required to use “box 11” of Form W-2 in 2023 to report either payments of nonqualified deferred compensation ...

This is set to change with the introduction of a new form by the CBDT. By using this form to report TCS collections and TDS deductions, employees can reduce their tax deductions at the source ...

The Internal Revenue Service on Friday announced the 2025 contribution limits for 401(k) and Individual Retirement ...

Enabling this, CBDT notified the amendments and the new Form 12BAA, last month. The new form enables an employee to offset ...

The meteoric growth in law firm nonequity partners often comes with a side effect attorneys dislike: thousands of dollars in ...

An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock. What Is an Employee Stock Ownership Plan ...

Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, ...

One company has just started allowing it. The Internal Revenue Service (IRS) ruled that employees at an unnamed company can designate a portion of their employer match to student debt repayments ...

In 2023, only 14% of employees maxed out their workplans ... after a cost-of-living adjustment, the IRS said. Don't put all eggs in one basket:Focusing only on your 401(k) or IRA?

Measure A would double the quarter-cent sales tax for homeless services. Measure G would dramatically shift power within L.A.