Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

The IRS raised 2026 tax brackets and deductions, giving retirees more room to keep their income tax-free. Here's how to make ...

Taxbuddy founder Sujit Bangar explains how cricketer Sachin Tendulkar claimed 30 per cent deduction on foreign income of ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

A nationwide Income-Tax Department probe has revealed a massive scam involving over ₹5,500 crore in fake political donations.

Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

President Donald Trump's "big, beautiful bill" raised the SALT cap to $40,000 from $10,000 starting with tax year 2025, ...

Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...

The IRS recently announced some changes to the tax rules for 2026, and those changes could affect how much you end up paying.