Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

Prior to the amendments in July 2024, as per section 111A of the Income Tax Act, 1961 (the Act), STCG on listed securities were taxed at 15 per cent. However, after amendment made by Finance (No.2 ...

Does the IRS need to hear from me? In general, the IRS requires most citizens and residents who work in the U.S. to file a tax return if ... “unearned” income, such as interest from investments.