The 2017 tax reform capped at $10,000 the amount of state and local tax (SALT) payments that can be deducted from federal ...

When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense. Gone was the hassle of ...

The U.S. Department of Energy (DOE) has launched the free 179D Portal for estimating tax deductions for energy-efficient technologies in commercial buildings. The portal hosts the Traditional ...

While Budget 2025 did not revise income tax slabs and rates under the old tax regime, it has extended the tax deduction benefit ... Tier 1 Account - All Citizen Model or other non-NPS scheme ...

Freeing up disposable income and stimulating spending might help power growth in the economy, argues Tanvir A Mishuk ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The 2025 tax season is in full bloom, and the IRS will soo ...

That model provides an incentive for borrowers ... By embracing targeted, market-friendly solutions like state-level tax deductions or credits, Republican leaders can address a critical economic ...

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

Official modelling shows Peter Dutton’s proposed tax deduction for small ... The Coalition also asked the PBO to model extending the $30,000 deduction for a third year, which would have cost ...

With President Donald Trump promising an end to federal income taxes on tips and overtime pay, a group of North Carolina ...

However, it was later expanded in 2009 to include self-employed individuals and those in the private sector through corporate and all-citizen models ... for deductions in the old tax regime.