Until enactment of the One Big Beautiful Bill Act, officially P.L. 119-21, the availability of a below-the-line deduction that was not the standard deduction or an itemized deduction was a rare event.

How you fill out Form W-4 determines how much your employer withholds for taxes. You need to get it right so you don’t end up overpaying or underpaying.

Upping the amount you pay into your pension can be a simple way to cut your tax bill. As things stand, you are entitled to ...

ITR 2025: These are some of the precautions you should take while filing your income tax return.

8 tax rule changes you must know before filing your ITR this year Miss these updates, and your refund could get delayed or even denied.

Because it was introduced as a new business item, council members did not debate the merits of Olson’s plan, but at least five of them agreed that it was worth a more robust discussion, even if ...

ITR-4 form is also called Sugam. This form is used by individuals, Hindu Undivided Families (HUFs), and businesses (except for limited liability partnerships) that have chosen the presumptive income ...

This latest airport scam is a reminder that even on vacation, we need to be vigilant about identity theft and fraud. Here’s ...

There has been much discussion and writing about the recently enacted One Big Beautiful Bill. This sweeping legislation brings major changes to the IRS tax code which could significantly benefit ...

The Minister of State for Finance details India's direct tax collections from FY 2020-21 to 2024-25, highlighting that collections exceeded budget estimates except in the COVID-affected year of ...

Some hiccups could be ahead as we learn more about restrictions involving a new tax break based on Trump's campaign promise of "no tax on tips." ...

The Colorado legislature is convening on Aug. 21 for a special lawmaking term to plug a roughly $750 million hole in the state budget stemming from tax revenue reductions caused by the Republican fede ...