The Congressional Budget Office estimates the package will add $3.3 trillion to the deficit over the decade and 11.8 million ...

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

After narrowly squeaking through the House on Thursday, the "big, beautiful bill" now heads to the president's desk for his ...

Money expert Martin Lewis has confirmed exactly how it works for state pensioners who will owe tax on their state pension.

Filing early ITR improves your chances of a quicker refund, but only if your return is correct, complete and verified on time ...

Ohio's Republican lawmakers should follow Gov. DeWine's lead and scrap their property tax refund gimmick that could lead to ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The legislation for Trump's agenda on taxes, health care, immigration, energy and more would add $3.3 trillion to the deficit ...

Taxpayers must turn 65 before the end of 2025 to qualify for ... For a single taxpayer, the 12% tax rate applied on taxable income from $11,926 through $48,475 in 2025. Annual inflation adjustments ...

A 70 percent tax on income in excess of $10 million—such high “marginal” rates, common before Ronald Reagan was elected, are now considered radical—would fall even shorter of the mark.