With inflation steady at 2.9%, tax brackets are predicted to increase slightly. Combined with the new tax law, your tax ...

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

The 'One Big Beautiful Bill Act' introduces a new tax break for seniors, offering immediate relief but raising questions ...

Understand the key deductions for AY 2025-26 under the new tax regime, including standard deduction, NPS, and the ₹7 lakh tax ...

President Trump's One Big Beautiful Bill introduces a $6,000 tax deduction for seniors, aiming to ease their financial burden ...

The U.S. Department of the Treasury recently released a preliminary list of 68 jobs that may qualify for the deduction, with an official proposed list expected to be published in the Federal Register ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

If your income is well below that threshold — say $36,700 combined for you and your partner — you could sell assets and lock ...

President Donald Trump's "no tax on tips" policy covers eight industry categories, including food service, entertainment, ...

IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on ...