NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

Looking ahead to your 2025 taxes and wondering about standard tax deduction amounts for each filing status? Here's what's ...

If the immovable property is partly financed by Bank/Lender, the TDS will be required to be deducted by the transferee on the ...

By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure ...

you can use the itemized deduction method using Schedule A on Form 1040. What Is a Standard Tax Deduction? When you file your taxes, you’re eligible to subtract a certain amount of money from ...

Donations made to the Shri Ram Janmabhoomi Teerth Kshetra Trust qualify for tax deductions under Section 80G of the Income ...

Donations for Ayodhya Ram Mandir can help you save on taxes under Section 80G of the Income Tax Act.

The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...

Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...