Millions of drivers have no idea major vehicle tax changes are to be introduced in just a few weeks, research suggests. Certain drivers will face hikes to how much they pay in tax but many are not ...
Your payday could get a bump this year now that the Internal Revenue Service's updated income tax brackets and higher standard deductions have taken effect. Depending on your income level ...
The secret is in leveraging both tax deductions and tax credits. Before you start your tax return, let’s clarify the differences between a tax credit and a tax deduction and how both work to ...
According to reports, here are five key tax changes that salaried individuals may expect in the upcoming Union Budget. One of the potential changes under consideration is an increase in the standard ...
income tax exemptions, deductions, and rebates. Each plays a unique role in how your taxes are calculated, and understanding these can help you understand the upcoming Union Budget 2025-26 and better ...
WASHINGTON — American Trucking Associations Chairman Dennis Dellinger on Jan. 22 called on a House panel to repeal a World War I-era excise tax on new ... well-being of truck drivers but also ...
TIL Creatives Budget 2025: Higher 87A tax rebate, deduction on home loan, income tax slab and more; What to expect We have asked various experts their suggestions on how the FM can give a big tax ...
Meal and beverage expenses for long-haul truck drivers are deductible at a rate higher than the 50% permitted for other transportation employees. During eligible travel periods in 2024, meal and ...
You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...
Union Budget 2025: NPS contributions of up to Rs 50,000 to the National Pension System (NPS) under Section 80CCD(1B) qualify for deductions only under the old tax regime, and this benefit is not ...
At a meeting on Monday at the Mbale City Chambers, Stephen Mujemu, a taxi driver, expressed concerns about the new tax, noting that drivers outside the main park charge lower fares yet don’t pay taxes ...