8 tax deductions for homeowners to lower their income tax
There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...
How to file taxes for an LLC with no income
LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...
Income tax calculator: Find out which tax regime suits you better — New or Old
It is recommended to use the income tax calculator that computes the tax under both the regimes (old and new) before you can choose the one that leads to a lower tax outgo ...
How does the mortgage interest tax deduction work? Experts explain
"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...
How to Avoid the Tax Mistakes That Could Cost You Thousands
Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...
Hundreds of thousands face shock tax bill in April as HMRC delays sending out vital letters
HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...
Will Budget 2025 extend the July 31 income tax return filing deadline, offering relief to salaried and other taxpayers?
In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...
Income tax return filing deadline of July 31 needs to be extended: Will Budget 2025 provide this tax relief to salaried, other taxpayers?
Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...
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How to Minimize Your Tax Bill: 5 Essential Strategies
Learn how to lower your tax liability with these 5 effective strategies: optimize withholding, maximize your HSA, avoid the ...
Selecting the beneficial tax regime: Without HRA, old regime makes little sense; new regime scores across income slabs
The new, simplified tax regime is now a clear winner in the case of most tax slabs, show Deloitte calculations. In case of ...
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JPMorgan is deeply skeptical of Wall Street's upbeat reaction to Tesla's earnings
JPMorgan thinks Tesla's post-earnings stock rally of 8% despite missing analysts' profit and revenue estimates is a head-scratcher. The bank, which has long been bearish on Tesla stock, said in a ...