The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of ... product reviews. Tax credits and tax deductions each offer ...

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out your 2024 return, said Tom O’Saben, director of tax content and government ...

The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...

Don't let tax season catch you off guard! Start organizing your tax documents now with this helpful guide to common forms ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...