A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on ...

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 ...

A detailed look at the tax benefits available to individuals aged 60 and above for the financial year 2024-25.

They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts ...

Nevada, has introduced a bill to fully restore a tax deduction for bettors that was reduced in the federal budget bill.

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.

As an eBay seller, you receive payments for your goods and services through eBay. As an online marketplace, eBay is required to send a 1099-K tax form detailing these payments to the IRS and to you if ...

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

The tax deduction for seniors introduced by the Trump administration is set to expire in 2028, impacting millions of Social ...

Labor advocates say President Trump’s big promise to end tax on tips has morphed into a more complicated policy reality, and ...