If you live in a state without income tax, you can take advantage of the sales tax deduction if you opt for itemized ...

This might be the first year that you'll be able to use Direct File as it rolls out in a bunch more states, and you'll find a ...

Whether you’re a retiree who has shifted to part-time consulting, a career-driven twenty-something who has started a new side ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

Most notably, the CRA is reverting to administering capital gains taxation under the current 50 per cent inclusion rate. As a ...

The amount you can deduct depends on whether the project impacts the entire home or just the office. Home office improvements, however, are not tax deductible as they are classified similarly to ...

Tax season is here, and while you're filling out your return for the Canadian Revenue Agency (CRA), keep in mind that medical expenses may be deductible.

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...

HDFC Bank has started accepting deposits under the government-backed Senior Citizen Savings Scheme (SCSS), offering retirees ...

Two attorneys have weighed in on what business owners need to note before the legislative session resumes this week.

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything ...

I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...