Entergy Mississippi will offer their customers free tax preparation and support at upcoming Super Tax Day events throughout its service area. Qualified customers can ...

Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.

In India, senior citizens over 75 are not required to file income tax returns for pension and bank interest. The IT Act ...

Taxing the rich is a popular concept throughout American society, but actually putting the practice into place has long ...

Tens of thousands of people are displaced in California and first responders are battling blazes. Here’s a guide to how you ...

One of the most anticipated changes is an increase in the deduction limit under Section 80C of the Income Tax Act, 1961. For over a decade, this limit has remained stagnant at Rs 1.5 lakh, despite ...

But to help offset that income, the IRS allows you to take certain tax deductions. While you have to keep careful records and document any write offs you claim, these deductions can greatly reduce ...

Among the most commonly overlooked deductions are those tied to insurance premiums and medical expenses. While the 2017 Tax Cuts and Jobs Act (TCJA) removed many deductions, the ones discussed ...

Jan 7 (Reuters) - The NFL regular season has concluded and the teams that qualified for the playoffs are set to begin competing for a chance to make it to the Super Bowl, arguably the biggest ...

And super is not just for high-income earners ... If you’re aged 67 to 74 and wish to claim a tax deduction for a personal contribution, you must meet the work test – 40 hours of gainful ...

Rafael Alvarez, 61, the owner of ATAX New York in Marble Hill, admitted to the scheme, which involved falsifying deductions, business expenses, and credits on behalf of customers. The operation ...