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.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

We have a member (partner)retiring soon and don't recognise goodwill on or off balance sheet. However we want to provide financial support for five ...

Finance Minister Nirmala Sitharaman has made the new tax regime more attractive by making income up to Rs 12 lakh tax-free in ...

pre-filled Income Tax Returns, automatic computation of Tax Deducted at Source (TDS) etc. available to them. He also cited ...

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should ...

The CBDT Chairman also cited the new tax regime (NTR), where there are no deductions or exemptions allowed like the old ...

CBDT Chairman Ravi Agrawal expects over 90 percent of individual taxpayers to opt for the new tax regime following the Budget ...

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Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...