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

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

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

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

By investing in NPS and applying standard deduction of Rs 75,000, taxpayers earning Rs 13.7 lakh salary can pay zero tax; ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view ...

Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...

A special assessment is an additional fee that an HOA may impose to cover unforeseen expenses. Unlike regular HOA dues, special assessments are typically only applied in emergency situations. If the ...