Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

As we navigate the complexities of our financial lives, understanding the latest tax adjustments is crucial. The IRS has ...

If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?