The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than a year ago — thanks to several new changes in the tax rules, including ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

The One Big Beautiful Bill Act (OBBBA) offers two of the most talked-about tax changes for working Americans: No Tax on Tips ...

Annual income of up to Rs 12 lakh: The new regime results in zero tax because of the interplay between rebate and standard ...

Rising medical costs mean that a single hospital stay can disturb a family budget, even when a policy shows a large sum ...

Let us understand which out of HRA and home loan can save you more tax after Budget 2026. ​House Rent Allowance (HRA) is a tax break which salaried taxpayers usually receive, and it’s one of the few ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

Many new tax breaks aren't automatic, including a tax break on tips, overtime, car loan interest or a bonus for those 65 and ...

Will Union Finance Minister Nirmala Sitharaman give the middle class a bigger zero tax window or will the government hold ...

A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...