From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

Income Tax Bill 2025 eliminates deduction for inter-corporate dividends for companies opting for 22% tax rate, causing double ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...

As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for ...

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/ .

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

Republicans took one step forward during the 2017 reforms, and this is their chance to avoid taking two steps back.

In order to claim the deduction under Section 80RRB, patent holders need to provide a certificate in Form No. 10CCD issued by ...

The House GOP takes a big first step toward a budget success.