Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for ...

The 2023 claims of home-office expenses represent a 41.4% increase over the 2022 tax year, when $1.47 billion was claimed.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

From January, only those earning at least 90 percent of their income in Slovakia qualify for the child tax bonus – a tax benefit that lowers the income tax burden for parents or guardians supporting ...

That help comes in the form of casualty ... from the 2017 tax overhaul: you can no longer claim any miscellaneous itemized deductions, including for your unreimbursed employee business expenses.

You would be buying that new car; you can always claim tax deduction. Cars completely or partially used for business purposes are assets in themselves, which can be allowed as business expenditure.

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully complete the filing process continues to pose certain challenges. Read our story ...

Donald Trump’s Federal Communications Commission is taking aim at broadcast outlets for promoting diversity, equity, and ...

House Republicans have a released a budget plan that would take a wrecking ball to the welfare programs used by millions of ...

House Republicans are working overtime after a lengthy White House meeting to meet President Donald Trump’s demand for a big budget package that includes some $3 trillion in tax ...