IRS

Elon Musk’s ‘Too Many Digits’ Tax Remark Draws Attention Online

‘Too many digits’: Elon Musk claims his tax bill crashed IRS systems – How much did he pay

A post showing how income tax payments are divided in the US caught Elon Musk’s attention. The Tesla and SpaceX…

January 1, 2026 13:51 IST

Business Drivers Get Bigger Tax Break as IRS Hikes Mileage Rate

IRS confirms new tax breaks for work-related expenses in 2026

The IRS has increased the standard mileage rate for business use to 72.5 cents per mile from January 1, offering…

December 31, 2025 06:39 IST

On International Dog Day, a top veterinary doctor shares what's wrong with our society

Can dogs be tax dependents? US woman sues IRS over controversial claim

The unusual lawsuit, filed by Amanda Reynolds, seeks to claim her 8-year-old golden retriever, Finnegan Mary Reynolds, as “entirely dependent”…

December 27, 2025 17:02 IST

$1,000–$2,000 refunds likely for many Americans in 2026, treasury secretary says

IRS signals biggest-ever tax refunds in US, $1,000–$2,000 likely – Check eligibility

Americans could be heading toward the biggest tax refund season in US history, with many households expected to receive between…

December 26, 2025 11:31 IST

Why Americans could see tax refunds of up to $2,000 in 2026

Trump’s tax law may lead to massive refunds in 2026 as retroactive cuts take effect, boosting IRS payouts for millions…

December 25, 2025 18:13 IST

IRS refund forecast: US Treasury Secretary Scott Bessent says big tax payouts likely in 2026

He projected $100 billion to $150 billion in total refunds, averaging $1,000 to $2,000 per household in the first quarter,…

Updated: December 14, 2025 22:45 IST

US court blocks IRS from sharing taxpayer data with ICE: What this means for immigrant rights

A ruling issued by Federal District Judge Colleen Kollar-Kotelly has barred the Internal Revenue Service (IRS) from sharing sensitive taxpayer…

November 24, 2025 16:24 IST

US govt relaxes rules on ‘No Tax on Tips’ directive for millions – Which jobs will benefit from this reform?

Under the new guidance, workers in specific occupations where tips were customarily and regularly received before 2025 may exclude up…

November 23, 2025 17:22 IST

IRS update: New tax guidelines for lenders who finance rural and agricultural properties

Learn about the new tax benefit for lenders offering loans secured by rural or agricultural property, allowing a 25% interest…

November 20, 2025 22:53 IST

IRS raises 401(k) catch-up contribution limit for 2026 – check out all the details here

IRS raises 401(k) and IRA contribution limits for 2026, helping Americans, especially those 50 and older, boost retirement savings amid…

November 13, 2025 23:06 IST

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Kia to drive in all-new Seltos starting at Rs 10.99 lakh

34 min ago

Kia India is set to launch the all-new Seltos this Friday, with a starting price of Rs 10.99 lakh. The new model is bigger and wider than the outgoing one, but only costs Rs 20,000 more. It promises better ride and handling, and will compete with popular SUVs like Hyundai Creta and Maruti Suzuki Vitara.

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