The benefit of ₹1.25 lakh exemption and the basic exemption limit are available, but slab rates are not applicable, and ...

Many taxpayers are unaware of the income tax slabs that will apply to their income under the new tax regime, which is ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Your annual income is the total amount of money a person or a business earns during the year. This includes all money ...

Deduction for state and local taxes is nothing more than a subsidy for big-spending governments in blue states and blue ...

One of the fundamental premises of fair taxation under capitalism is the notion that taxes are assessed on profits when an ...

Those who fail to pay by the deadlines for this financial year (April 15, June 16, September 15, and January 15 of next year) ...

President Trump has said that he’d like to eliminate the IRS and with it, income tax. His plan would be to replace the ...

IRS urges June 16 tax payments to avoid penalties; Fresh Start Program requires 3 key documents for relief eligibility.

The typical monthly payment on a median-priced $440,000 home at today’s 6.84% mortgage rate is roughly $2,304. (That’s ...

HM Revenue and Customs (HMRC) is urging parents to see if they're eligible for a significant "cash boost". Child Benefit can ...

The Hazel Crest Village Board is considering rebates, flat levy options to give homeowners break after a spike in property ...