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

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

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

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

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

Ohio lawmakers introduce the Tithing Protection Act, allowing state income tax deductions for church donations.

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

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, ...

Low-wage New Yorkers get taxed differently with a new federal tax break on tips according to a new analysis of recent federal tax changes on New York.