Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

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

The proposed changes could substantially increase the disposable income available to both middle-class and high-income ...

New versus old income tax regime post Budget 2025: The new tax regime starting FY 2025-26 offers tax exemption for earnings ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

Will the new tax regime put more money in your pocket, or should you stick with the old regime? Here is all you need to know.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Despite being a top priority for new Indiana Gov. Mike Braun, Republican leaders in the General Assembly seem to be taking a ...

What if someone earning above Rs 12.75 lakh annually chooses the old regime and claims the maximum deductions? Will it result in tax savings? This article explores the key deductions available under ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...