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 ...

Starting your working career with a steady salary is an exciting milestone – both for you and the Tax Man. As the South ...

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

The ATO has revealed the tax deductions that Aussies have claimed on their tax returns. (Source: Getty/ATO) The Australian ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

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

It’s the end of the financial year on Monday, so it’s now-or-never if you want to boost this year’s tax refund.

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

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Thinking of buying a car through your company and turning it into a tax deduction? Here's what you should consider.