The state and local tax deduction could change in 2025 as lawmakers debate Trump’s tax cuts. Here’s what to know.

Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative IRS-approved tax breaks.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

A new bill in North Carolina aims to provide an income tax deduction for tips and bonus pay, potentially benefiting many ...

Tactics the rich use to cut their tax bill are the same as those on an average income - and the reality is there's big opportunities most miss.

The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, acquiring a comprehensive understanding ...

Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax exemption ...

A tax deduction is an amount of your income that isn’t taxed due to certain qualifying factors and non-taxable payments. “There’s very few of those right now that most people can take. But it’s ...

Do you follow the new tax regime or the old tax regime? Will you switch to the proposed new tax regime once it is implemented ...