Inside a cash ISA, there is no tax to pay on interest income, but the chancellor is reported to be keen to chip away at the ...

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 ...

ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...

Many retirees live on a fixed income, but retirement doesn't mean you have to stop making money. It just means you don't have ...

The Federal Reserve lost more money in 2024, adding to the red ink it bled in 2023. And by the way, Fed losses are ultimately ...

Taxable portfolio income growth is strong with ORI’s dividend. See why shifting to preferred shares can optimize cash flow ...

Many factors, both internal and external, influence bank operations. A recent study examined the impacts of fluctuations in ...

Dividend-paying equities offer upside potential from capital appreciation and dividend growth, whereas bonds typically pay ...

Report the interest income on your tax return, and attach Schedule B for amounts over $1,500. When you think of your income, a paycheck probably comes to mind. But there are many other types of ...