The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...

Taxpayers can access TAXASSIST through the department’s e-filing portal. The helpdesk guides users on how to respond to ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

In the case of an individual, theft losses stemming from scams through fraud and deceit are disallowed for tax years 2018 ...

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

Could leasing with a full-service option, where all the ancillary costs are covered, be the answer for a small firm?

Karnataka High Court allows CGI Information Systems to claim Section 10A deduction, deduct software fees, and claim foreign ...

The House and Senate versions of President Donald Trump's tax and immigration bill have a few key differences.

Choosing the best investment options after retirement is key to enjoying financial peace of mind in your later years. With ...