Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

ITAT Bangalore held that eligibility u/s. 80P should be assessed in the light of the relevant state cooperative law. Under Karnataka Cooperation Societies Act [KCSA], the presence of nominal and ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Relocating for a job can impact your tax situation. Understand how your move affects your income tax liability, deductions, ...

The deduction is rising to at least $40,000, from its current $10,000 limit. That amount will increase each year through 2029, and then it will revert to a $10,000 cap. The new law also says only ...

In most cases, personal loan interest is not tax deductible because you generally can't deduct personal expenses. There are certain situations where personal loan interest is tax deductible, like ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.