Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...

President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S.

If Democrats had succeeded and President Trump’s Working Families Tax Cuts were not passed on July 4th this year, families, farmers, and small businesses would have faced the largest tax increase in U ...

IRS: The additional standard deduction for heads of households and single filers aged 65 and over has gone up from $2,000 for ...

President Donald Trump’s new tax bill cuts the income tax liability for many Americans.

The IRS just expanded 2026 tax brackets for inflation while the One Big Beautiful Bill brought permanent changes to ...

A turbocharged Section 179 tax credit could still power a strong Q4 for EVs, even without the 45W Commercial Clean Vehicle ...

A Goan homebuyer successfully challenged the tax department's denial of his Section 80C deduction for home loan repayment.

Some workers could receive bigger tax refunds in 2026 due to President Trump’s new tax law applying retroactively and the IRS delaying changes to withholding rules until next year.

The IRS has unveiled its annual inflation adjustments for the 2026 tax year, rolling out a long list of changes to deductions ...

Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...