With the Tax Cuts and Jobs Act expiring and Trump making a number of tax-policy proposals on the campaign trail, tax laws ...

With the overhaul of the existing Income-tax laws on the anvil, the focus in the upcoming Budget is more likely to be on simplification. However, there may still be some room to include a few tax ...

U.S. President Donald Trump posted on TruthSocial that a woman who receives child support from a man can no longer claim the ...

U.S. Senator Kirsten Gillibrand, Senate Minority Leader Chuck Schumer, and Democratic members of the New York congressional ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked ...

Tax season 2025 is here. Many Americans are starting to think about preparing returns. Some of us are putting it off. Here ...

Tax strategies that apply to private partnerships include capital gains tax deferral, depreciation, tax credits, and ...

The Global Trade Research Initiative (GTRI) calls for raising the income tax exemption threshold to Rs 5.7 lakh, equalizing ...

Direct File can help you cut out the tax season middlemen, and this year, the IRS is bringing out new features.

During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017 ...

No, campaign donations are not tax deductible. Contributions to political campaigns are considered non-deductible expenses by ...

Ok tax class, today let’s talk about how to get a deduction for home office expenses. What is that? Home office deductions allow self-employed folks to deduct expenses related to the business use of ...