The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...

The Income-Tax Department on Monday launched multi-city raids as part of a tax evasion probe against those entities which ...

Section 80P of the Income Tax Act gives cooperative societies a tax break on certain income — like profits from banking, ...

The fiscal landscape for Social Security benefits has shifted with President Trump's recent legislation. While it was touted ...

The recent tax legislation under President Trump has brought significant changes to the SALT deduction, offering potential ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax ...

The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...

The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...