Under the definition of being wealthy that I’ve adopted, anyone can be wealthy, regardless of how much money you have or income you earn. By this definition, for example, a retired teacher could ...

At its core, passive income is about making your money work for you. It’s income earned with minimal ongoing effort, a stark ...

If you’re living on Social Security, you might be surprised to learn that SNAP has extra rules that can actually work in your favor. Getting SNAP benefits when you’re on Social Security doesn’t have ...

From dividends to royalties, here’s how the wealthy create income streams that keep paying long after the work is done.

It won’t have escaped you that it’s pre-Budget speculation season and lots has been said about proposals to apply National ...

If the chancellor used her autumn Budget to put up income tax by 2p in the pound, while cutting national insurance contributions at the same time, it would raise £6bn – and the fiscal trickery might ...

Planning how to pass on your wealth isn’t always top of a to-do list. Most of us are busy managing daily expenses, saving for retirement, or simply ...

It’s important to consider the potential tax consequences of your investment decisions. But what about your children? What kinds of investment options are available to them — and how are they taxed?

A belated Income Tax Return (ITR) can be filed if a taxpayer misses the due date for submitting the original return under Section 139(1). Such a return can still be submitted and revised only by ...

ITR Filing FY 2024-25 Last Date: As September begins, taxpayers need to be reminded that the extended deadline for filing income tax returns is fast approaching. Earlier this year, the Income Tax ...

ITR filing FY 2024-25: The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers. This extension, from the usual July 31st, ...

It’s mutualism we’ll mostly look at today. Two types of mutualism occur in animal relationships. Obligate mutualism is when both species depend on the interaction for survival. Facultative mutualism ...