The Internal Revenue Service announced increases to the federal income tax brackets and the standard deduction for 2025.

The 50-page list of suggestions from House Budget Committee Republicans includes tax increases for single parents, students ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

WAHINGTON (7News) — The 2024 tax filing season is fast approaching. The Internal Revenue Service (IRS) will start taking ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh ...

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

Many taxpayers believe that the existing limit of Rs 1.5 lakh for investments in fixed deposits, ELSS, and housing loan ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state ...

They will yet again have to make sense of a head-spinning array of new proposals, amendments and political fights before ...

As per specific clauses in the Income Tax Act, in case an employer bears the cost of child care services directly or ...