Taxpayers preparing to file the 2024 tax returns should ensure they're claiming the tax credits and deductions they're ...

Tax season is here, and many taxpayers could be leaving thousands of dollars on the table, according to a FOX Business report ...

The tax rates are structured progressively, with higher rates applied to higher income slabs. This new regime is designed to ...

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

Nobody wants to pay more in taxes than they have to — but every year, millions of taxpayers miss out on valuable deductions, credits, and tax-saving opportunities simply because they don't realize ...

In a big relief to the middle-class citizens, Finance Minister Nirmala Sitharaman announced a revised tax slab under the new income tax regime, mentioning that no tax will be deducted up to an annual ...

The Union budget 2025 presented in the Parliament today on 1st February 2025, the Finance Minister Mrs. Nirmala Sitharaman has given the middle-class taxpayers a big Income tax relief, Under the new ...

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.

Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax ...

NEW YORK — Rep. Mike Lawler is pouring his political capital into the fight over a key tax deduction — staking his future on monthslong tax policy talks that will heat up Saturday when he and ...

Finance Minister Nirmala Sitharaman has proposed to add more sugar to the New Tax Regime. As per the tax rates proposed by the Union Budget 2025, there would not be any tax on income up to Rs 12 lakh ...