Income Tax Department conducts raids on 200+ locations for false deductions including political donations, tuition fees, ...

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...

Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...

The new law doesn't include a specific elimination of Social Security taxes, but provides tax relief for some seniors who ...

Getting your Trinity Audio player ready... On July 4, the “One Big Beautiful Bill” was signed into law making it the “One Big Beautiful Act” and enacting sweeping changes to the Internal Revenue Code.

At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

Millions of Americans can now keep more of their overtime earnings courtesy of language included in President Donald Trump’s ...

A provision to eliminate income taxes on tips will exclude the lowest-income workers and only serve a sliver of the ...