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The tax and spending bill, which must still pass in the Senate, includes sweeping changes to the tax code, Social Security ...
As the One Big Beautiful Bill Act (OBBBA) faces a critical test in the Senate, opponents are pointing to a Congressional ...
The National Taxpayer Advocate report notes that the IRS historically receives more calls after significant changes in tax law, so it may need additional employees and improved digital tools to ...
So if you are thinking that it is against the tax rules, the truth is that both HRA and home loan interest deductions can be claimed under certain conditions. In this article, we will explain in ...
The costs to raise a family, own a home and afford healthcare would be directly impacted by the bill. Its specifics matter to the parents of little kids and to people who are age 65 and older. The ...
Whether you’re a salary earner or a small business owner, there’s a good chance you’re leaving money on the table with these tax deductions.
The new tax regime under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most ...
The actual cost method allows you to claim the costs of working from home, but taxpayers must have a dedicated room set aside for the office and remove all private use. You cannot claim personal items ...
More than than 15 million Australians will file tax returns in 2025. The Australian Taxation Office urges citizens to lodge ...
Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, ...
The analysis comes as Trump pushes Congress to send the final product to his desk to become law by Fourth of July.