Generally, your bank or building society that handles your savings account will tell HMRC how much interest you have received ...

It’s more lackluster news for Democratic lawmakers and the new governor who are already trying to close a sizable shortfall.

Home loan buyers can avail huge tax benefits on the principal and interest they paid on their loan. The cumulative interest ...

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it on your tax return and pay the appropriate taxes on i ...

You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

You can use your Isa to provide your family with a source of tax-free money. The trick is to choose investments that pay out ...

For student loan borrowers, tax season's creeping up, and if you're wondering how much you can shave off your 2025 taxes with ...

But there are many other types of income that have to be reported on your annual tax return, including interest earned on a savings account balance or on a bond. Savings accounts, money market ...

The Fed meets eight times a year to assess the economy's health and set monetary policy, primarily through changes to the ...

March is about to end, with just 10 days left. If you're planning to save on taxes, you will miss your chance if you don't ...

Here are eight types of income that are free from federal taxes. Child support payments are nontaxable income for those who ...

To benefit senior citizens, the government has doubled the TDS threshold for interest income from Rs 50,000 to Rs 1 lakh.