If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...

The Committee for a Responsible Federal Budget estimated the bulk of the cost would come from extending the 2017 Trump tax cuts.

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...

Several tax breaks, including the Child Tax Credit, may face reforms or be cut entirely as lawmakers seek revenue for Trump’s tax plans.

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

The US tax system is facing potential sweeping changes. As major provisions of the 2017 Tax Cuts and Jobs Act (TCJA) approach their expiration ...

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakh through standard deductions and investments in ...

There’s no reason advisors should be excluded from the 20% pass-through tax deduction that other professions enjoy as a result of the Tax Cuts and Jobs Act of 2017, Financial Services Institute (FSI) ...

On January 17, 2025, multiple news outlets and other sources reported the existence of a memorandum circulated by the U.S.