Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Trump's One Big Beautiful Bill includes a $10,000 car loan deduction — but strict rules mean most Americans won't qualify or ...

The federal government has unveiled 50 tax exemptions and relief measures to reduce the burden on low-income earners, average taxpayers, and small businesses under the new tax reform laws taking ...

Joy Taylor: Yes. Taxpayers who itemize on Schedule A can deduct qualifying medical expenses to the extent that the total ...

The federal government has confirmed that some items would enjoy exemptions or reliefs under the new tax laws set to come ...

Many of the most impactful tax provisions in the "One Big Beautiful Bill" (OBBB), which President Trump signed into law on ...

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...

A Smooth Transition Through the Ages As you get older, so do your parents and grandparents. And at some point, the need for ...

This targeted relief helps lower-income retirees more effectively than the promised Social Security tax cut would have.

There’s a fresh wave of tax refunds coming for Americans in 2026. That’s according to the chief strategist at JPMorgan Asset ...