The GOP can kill loan forgiveness for government and nonprofit workers.

The IRS allows deductions for the cost of a ransomware attack as a business expense, as long as you can provided receipts of ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...

The Finance Ministry’s data highlights that FY19 saw the highest-ever loan write-offs at ₹2.36 lakh crore, while FY15 ...

An absolutely massive run up to the split, where we are playing four of the current top five, will be a huge ask. However, St ...

In her written response in the Lok Sabha, Finance Minister Nirmala Sitharaman clarified that writing off bad loans does not ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Indian banks wrote off ₹1.7 lakh crore in loans during FY24, with large industries and services contributing 40%. The share ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...

Actor Michael Sheen has bought $1.3 million of his neighbors’ debts and written them off using $129,000 of his own money.

The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of ...

Luiz Alvarez / Getty Images Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can lower ...