Following the latest interest rate rise, the Federal Government is facing renewed pressure from unions and economists to reform the 50 per cent Capital Gains Tax ((CGT)) discount, which critics label ...

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

The most recent government shutdown began Oct. 1, 2025, after Congress failed to pass appropriations bills for the new fiscal ...

Americans are getting bigger-than-usual tax refunds this year, with an estimated $90 billion to $100 billion increase in ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

For those trying to anticipate what's different, here are tax changes that could affect you this year and might even retroactively affect your 2025 taxes.

All eyes are now on Nirmala Sitharaman's budget speech as the country awaits the announcement of the biggest financial event of the year. From fiscal deficit to tax reliefs — 10 key things people ...

OBBBA has introduced a ‘Seniors Deduction’ for retirees over 65, of up to $6,000 for individuals ($12,000 for couples), in 2026 tax filings.

Here's a look at some of the most commonly assumed tax breaks that either no longer exist or simply don't work the way people expect any more.

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

Plus: Average tax refunds, filing status, a new global tax deal, commuting expenses & business mileage, a closely watched tax ...