Users on social media are voicing concerns after receiving different refund amounts for different tax filing services.

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

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).

If a property is rented out and has an active home loan, the taxpayer can claim a deduction of up to ₹2,00,000 on the ...

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 ...

One of my clients recently asked, after Budget 2025, whether Rental Income up to Rs.20 lakh is tax-free. The answer is YES ...

Navigating tax regulations is a complex process that is significantly affected by each client’s unique financial situation.

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

Do you support a spouse or common-law partner, or a dependant with a physical or mental impairment? The Canada caregiver credit is a non-refundable tax credit that may be available to you. Who can you ...

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