Under the allowed deductions, salaried employees and regular pensioners can claim a standard deduction of Rs 75,000, which remains one of the biggest reliefs in the new regime.

Choosing between closing your student loan faster and beginning SIPs early comes down to interest cost, realistic returns and ...

Larry and Barbara Cook thought they were helping government agents. In the end, they found themselves victims of tax and ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

New 2025 tax law locks in lower rates, boosts deductions, and reshapes SALT, senior, worker and business breaks. See what to ...

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Discover why the S&P 500 could reach 7900 by 2026, driven by AI and policy support. Learn market risks and where future ...

Though earlier dismissed for non-prosecution, the Tribunal evaluated the substantive grounds relating to bonus disallowance and income inclusion, granting partial ...

ITAT Pune ruled that Section 5A overrides Rule 37BA, granting full TDS credit of ₹45.28 lakh to a Goa resident whose wife did not claim her share, rejecting CPC’s proportionate ...

Starting in 2025, crypto exchanges will report your transactions to the IRS using the new Form 1099-DA, similar to how stock ...

Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.