Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load ...

The Saver’s Credit can reduce your 2025 taxes by up to $2,000. Seniors with lower income should review contributions before ...

IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and ...

Generally, your employer will report your wages for you. However, if you are self-employed, you will be required to report ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

President Donald Trump's One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 ...

A significant tax change for older adult taxpayers this year comes in the form of a new benefit known as the “senior bonus deduction.” Tucked into President Donald Trump’s 2025 tax bill, this ...

The influencer took to TikTok to address recent questions floating around on social media about whether influencers can ...

ITAT Mumbai sets aside PCIT's order, holding that AO's acceptance of Section 80G deduction for CSR expenditure after inquiry is a plausible view, immunizing it from Section 263 ...

Excessive tax deductions trigger audits when claims are disproportionate to income, lack documentation, or mismatch AIS data. Taxpayers face scrutiny if claims are ...

For first-time homebuyers, a Home Loan is not just a path to owning property but also a way to build long-term savings ...