As tax season approaches in 2025, understanding the standard deduction is crucial for reducing your taxable income and minimizing your tax bill.

Opposition Leader Peter Dutton has shut down claims made by Treasurer Jim Chalmers about the Coalition's tax deduction policy ...

The IRS has unveiled the updated tax brackets and standard deductions for the 2025 tax year, reflecting adjustments for ...

In December, Finance extended the deadline for making charitable donations for the 2024 tax year to Feb. 28, 2025, given the disruption the Canada Post strike had on charities’ fundraising campaigns.

The deduction for pass-through businesses owners’ qualified business income would be made permanent under legislation re-introduced in the Senate Thursday as lawmakers look to renew the expiring write ...

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay ...

Homeowners are about to get hit with an average property tax bill increase of 7%, and state lawmakers are wrestling with how ...

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

Don't enter 2025 paying more tax than you need to. Check if you're eligible for these remote worker tax deductions.

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown bill.