Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible ...

Is HELOC interest tax deductible? It can be if the funds are used for eligible home improvements and meet IRS requirements. Learn more with this guide.

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For ...

A new tax cap on gambling loss deductions could raise high rollers' expenses and push gamblers toward prediction markets and ...

Key Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to ...

Check out 10 essential income tax deductions under Sections 80C, 80D, and more, helping individuals maximise savings while ...

Karanjot Singh Khurana, Prachi Bharadwaj, and Vrinda Agrawal of Lakshmikumaran & Sridharan analyse the tax deduction ...

One of the components of the recently passed ‘big, beautiful bill’ was a policy not to tax overtime and tax income for many Americans.

Jen Shah, a Lexington-based certified public accountant with Dean Dorton, highlights the key tax provisions in the OBBB that ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...