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 ...
The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...
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 ...
The IRS said it expects 164 million individual tax returns to be filed.
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...
Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...
In keeping with the spirit of Jan Vishwas, ease of living, and to reduce the burden of litigation and compliance, Budget 2026 ...
Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...
Annual income of up to Rs 12 lakh: The new regime results in zero tax because of the interplay between rebate and standard deduction. Annual income of Rs 15–30 lakh, the gap remains wide unless the ...
Under the presumptive taxation rule, while key tax benefits do not apply to the new tax regime, consultants opting for the ...
Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.
As income tax filing season approaches and public attention has turned to the RM37,333 personal tax exemption threshold, ...
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