Every year at the start of tax season, the question is whether the chronically underfunded IRS will be a hot mess or whether ...

Taxpayers may get bogged down in the complexities of claiming deductions for tips, auto loan interest and overtime pay.

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

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

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could impact your tax return this season.

The Finance Bill, 2026 allows tax deduction for exploration expenses on newly notified critical minerals. The move incentivises investment in mineral prospecting under section ...

Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

Follow the income tax slab changes, revised income tax slabs, new vs old income tax rates and key announcements from FM ...

From April 1, the Income Tax Act, 2025, will come into effect, replacing the six-decade-old 1961 law, with all tax changes announced in the 2026–27 Budget set to be incorporated into the new framework ...

Last year, the budget saw significant changes in the new income tax regime, and many tax experts believe there is limited ...