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

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return in no time. According to the Tax Foundation’s 2024 tax literacy poll, only ...

The expiration of provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) at the end of 2025 presents an opportunity for ...

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

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

We are into 2025, and the tax-filing season is open. Our firm has begun preparing both business and personal tax returns for 2024. However, despite the calendar year changing to a new year, there ...

There are a number changes that have resulted from the passage of federal tax laws for years 2009 and 2010. These changes can dramatically affect farm families, their farm business and the ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

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.