The current income tax slabs introduced for FY 2024-25 were designed to alleviate the tax burden on average taxpayers.

Congress is discussing losing the cap on SALT deductions. California's wealthy would enjoy a tax break, but its corporations might pay more.

As Budget 2025 draws near, middle-class taxpayers are looking forward to possible income tax revisions that could provide ...

A Qualifying Terminable Interest Property (QTIP) trust can be an advantageous tool for married couples to utilize as part of ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

NRIs selling property in India face a steep 20% TDS deduction, whatever their actual tax liability might be. TDS deductions can substantially affect your cash flow and keep funds locked until you get ...

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

The House bill would conform North Carolina's tax policy to that of the federal government and most states that allow sports ...

Tax season has officially opened. Starting on Monday, you can now file tax returns for 2024 income. This year the Internal ...

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...

Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...