A growing number of salaried taxpayers expecting refunds for Assessment Year 2025–26 are finding their income tax returns stuck for a long time. The Income Tax Department has temporarily put refund ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. New rates: North Carolina income tax is 4.25% for 2025 and 3.99% for 2026. Triggers tie further cuts to revenue; exceeding $33 ...

A pair of Empire State snowbirds just learned it’s not easy to fly the coop. An upstate couple who relocated to Florida is still on the hook for a $60,000 New York tax bill because they didn’t prove ...

For some people, tax refunds could turn out to be much bigger in 2026 than expected after dramatic changes in key tax rules hit 2025 federal income tax returns. But the upcoming tax season likely will ...

New rates: North Carolina income tax is 4.25% for 2025 and 3.99% for 2026. Triggers tie further cuts to revenue; exceeding $33 billion would lower rate to 3.49%. Budget impasse stems from House–Senate ...

Add Yahoo as a preferred source to see more of our stories on Google. The North Carolina State Capitol in downtown Raleigh, N.C., pictured on Saturday, Nov. 22, 2025. (Dawn Baumgartner ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

If you don't have your W-2 by Jan. 31, don't panic: It may arrive a couple days later this year. Macy is a writer on the AI Team. She covers how AI is changing daily life and how to make the most of ...

The Earned Income Tax Credit (EITC) is the largest poverty alleviation program for families with children in the US, and it has well-documented health effects. However, not all eligible families ...

Budget 2026: Between 2019 and 2025, Union Finance Minister Nirmala Sitharaman has overseen the most far-reaching overhaul of India’s income tax framework since liberalisation. Across six Union Budgets ...