I want to focus on three things that are in the House-passed version of the “One Big Beautiful Bill Act.” The Trump ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

Your tax filing could look dramatically different after 2025 if new legislation passes. The bill would maintain lower tax ...

Starting your working career with a steady salary is an exciting milestone – both for you and the Tax Man. As the South ...

An individual in the first income tax bracket has a combined tax rate of 20.05 per cent (federal 15 per cent and B.C. 5.05 ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

The Income Tax Department has introduced major changes in ITR-1 and ITR-4 filing this year, especially for those opting for the old tax regime. Now, taxpayers must provide supporting details for ...

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

AI-driven scrutiny is tightening around deduction claims and high-value transactions this tax season. Expert warns that ...

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

More than 10.3 million Australians claimed a work-related tax deduction in the previous year, racking up $28.3 billion in claims.

So if you are thinking that it is against the tax rules, the truth is that both HRA and home loan interest deductions can be claimed under certain conditions. In this article, we will explain in ...