W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...

The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year.

Tax deductions can work both as above-the-line deductions or as itemized deductions. Above-the-line deductions are applied to your adjusted gross income (AGI) even if you claim the standard ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

Additionally, there is a tax deduction of up to Rs 50,000 under Section 80CCD(1B), on top of the Rs 1.5 lakh limit under Section 80CCE. A significant change announced in the 2024 Budget is the ...

The Guyana Court of Appeal yesterday rejected the State’s attempt to stay an order mandating the deduction and remittance of union dues to the GTU. Following a strike by teachers last year ...

Changes to the income tax rules now deny income tax deductions related to non-compliant short-term rentals after 2023. If you rented out a residential property for short periods, these changes may ...

TIL Creatives Budget 2025: Higher 87A tax rebate, deduction on home loan, income tax slab and more; What to expect We have asked various experts their suggestions on how the FM can give a big tax ...

Employers are responsible for the full contributions with 0.8% of total wages. Employers can deduct up to 50% of their contributions through paycheck deductions. The program will become accessible ...