Under the new bill, the draft proposes a standard deduction of Rs 75,000 or the salary, whichever is less, where income is ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions. Taxpayers can use an Income Tax Calculator to determine which regime is more ...

Budget 2025: Finance Minister Nirmala Sitharaman, in her Budget speech today (February 1), announced about doubling limit for ...

Budget 2025 simplifies tax rules and provides major relief to taxpayers. The new tax slabs, second-home exemption, senior ...

Taxes are no-doubt confusing, but this handy guide can help you finish your taxes and get your refund from the IRS.

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Nirmala Sitharaman said in Budget 2025 speech that the threshold amounts for tax deduction at source (TDS) will be increased for better clarity and uniformity ...

In what’s sure to be welcome news for small and midsize companies, the Section 179 tax deduction has been increased by $30,000 for 2025. The total deduction is now $1.25 million. In addition ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

Increased taxes would add to farmers’ current difficulties, as farmers continue to face increasing production expenses and ...