Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Unless you’re a professional, it’s difficult to know if you’re saving as much money as possible on your taxes.

The Union Budget 2024 increased the standard deduction from Rs 50,000 to Rs 75,000 under the new tax regime, simplifying tax ...

New system's simplicity, reduced tax liability, increased disposable income potential 'make it a formidable alternative' ...

Tax season is officially underway! Here are an expert's tips on how to start, common misconceptions, and how to find some ...

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

Taxes can be a killer for entrepreneurs. Fortunately, deductions are a great way to reduce tax liability. But how do you know ...

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...