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

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

The IRS has unveiled the updated tax brackets and standard deductions for the 2025 tax year, reflecting adjustments for ...

You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked 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 ...

A proposed tax deduction for tipped income died in a House of Delegates subcommittee on Monday, as Democrats dealt the first ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local tax payments.

CPAs need to be aware of current tax developments impacting all state and local tax jurisdictions in order to properly advise ...

The focus of the Union Budget 2025 will likely remain on continuing the momentum of economic reforms and maintaining the ...

A medical insurance policy for a family wards off unexpected expenses in an individual’s health and provides great tax ...

In India, the rising cost of healthcare makes health insurance essential for financial protection against unforeseen medical ...