Karnataka High Court allows CGI Information Systems to claim Section 10A deduction, deduct software fees, and claim foreign ...

The unveiling of the 'One Big Beautiful Bill' by both the Senate and the House has sparked significant debate, as each chamber presents its own vision for the future of U.S. fiscal policy. A central ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major ...

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money. ... Tax credits and deductions. Tax preparation and filing. Taxes.

Tax Deductions vs. Tax Credits Tax deductions reduce your total taxable income—the amount you use to calculate your tax bill. On the other hand, tax credits are subtracted directly from the ...

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

The House and Senate have developed significantly different approaches to extending the 2017 Tax Cuts and Jobs Act.

House and Senate Republicans are divided on tax cut proposals, including deductions for state and local taxes, health savings ...

The last U.S. Senate committees have submitted revisions to the House-passed One Big Beautiful Bill Act, shoring up funding ...

The oil and gas industry receives tax deductions that pale in comparison to the vast sums of taxpayer money provided to wind and solar generators, estimated at 6%. These energy forms offer very ...