Try to avoid common income tax return mistakes for FY 2024-25 to prevent scrutiny and tax notices. Know key filing errors, ...

Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in ...

President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new electronic income tax return form for individuals. The ...

Lake County Councilman Randy Niemeyer proposed eliminating 1% of the county’s income tax as the county braces for the impact ...

Despite claims from President Trump and the Social Security Administration, the bill does not put an end to taxes on Social ...

President Trump has been boasting that his One Big Beautiful Bill (OBBB) eliminated income taxes on Social Security. But did ...

They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts ...

The Trump tax bill is already unpopular, and voters might hate it more once they see healthcare cuts and other changes that ...

With proper classification and reinvestment, non-resident Indians can legally avoid paying capital gains tax on property sales.

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

Many middle-class and wealthy families will see benefits from the new legislation, but programs that help low-income families ...