The IRS credit for the elderly or the disabled is a tax benefit designed to help older adults and individuals with qualifying ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

Some New Hampshire lawmakers want to remove language from state law that says the money in Education Freedom Accounts, the ...

If tax efficiency is a priority for investors, then focusing on tax-free and tax-efficient investments that allow money to grow while avoiding or minimizing tax liability is a must. Here are 10 of ...

Rep. Ritchie Torres, who backed Andrew Yang as his No. 1 pick in 2021 and is thinking of running for governor next year, called Adams “compromised.” Rep. Nydia Velázquez, who endorsed Maya Wiley last ...

Picking the correct Income Tax Return form is key. Salaried folks making up to ₹50 lakh a year can use ITR-1. This includes ...

On the campaign trail, Trump repeatedly denied that his tariff plan would lead to inflation. When ABC News asked him in ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

For example, under Section 87A of the Income Tax Act, individuals earning up to a specific limit (currently Rs 7 lakh per annum under the new tax regime) can claim a rebate and pay no tax.

The Internal Revenue Service's new free online ... to include more tax credits and deductions for health savings accounts, among others. You'll also be able to file retirement income, although ...