AUSTIN – It is now in the hands of the Texas House to decide what to do about a new property tax cut plan. The author of the Senate's plan calls it the largest exemption increase in state history.

Texas Senators voted unanimously to increase the homestead exemption to $140K to provide tax relief to Texans. If passed in ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state and local governments from their taxable income. This federal deduction for ...

Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle when a bipartisan ...

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

President Donald Trump’s 2017 tax law capped the SALT deduction at $10,000. At the outset of his second presidency, raising ...

Miller said that she believed devices issued from local school boards or colleges were more likely to be approved for the exemption as opposed to a personal devices. In the end, the board voted to ...

Taxpayers need to understand that while a tax rebate will be granted to individuals earning up to Rs 12 lakh under the new tax regime, it is distinct from tax exemptions or deductions. A tax ...

MUMBAI: The new slab rates and exemption threshold introduced in the Union Budget 2025-26 under the new tax regime marked the beginning of a new chapter for the Indian middle-class taxpayer.

The chief market strategist for Morningstar Research Services discusses which sectors look overvalued and undervalued today, plus what’s ahead for interest rates, inflation, and tariffs. We sell ...