The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

The House and Senate have introduced their versions of the 'One Big Beautiful Bill', aiming to make permanent many provisions ...

Key differences between the Senate and House versions of the ‘One Big Beautiful Bill’ could greatly affect taxes for families ...

Senate Republicans proposed a tax deduction for car loan interest. But it might exclude used-car buyers, tax experts said.

Income Tax Return Filing AY 2025-26: The Income Tax Department has extended the deadline to file income tax return (ITR) for FY 2024-25 (AY 2025-26) by 45 days to September 15, 2025. This ...

Exempt-interest dividends, typically distributed by municipal bond funds, are generally not subject to federal income tax, but they can be impacted by the alternative minimum tax (AMT). Certain ...

The starting rate for savings permits you to earn up to £5,000 in interest before you're required to pay tax on it. However, this starting rate decreases once you begin earning a certain amount ...

Orban extends tax cuts ahead of 2026 election To cap housing loan interest rates at 5% Ready to reimpose food price caps, limit profits Ukraine will not join EU against Hungary's interests ...

Understand the Effective Tax Rate (ETR) in finance for individuals and corporations. Learn its calculation, significance, and comparison with Marginal Tax Rate.

A tax expense is a tax liability that is owed to a federal, ... such as capital gains on the sale of stock or interest on bonds; The FICA payroll tax, ... Tax Liability: Definition, Calculation, ...

Tax Advantages: Delaying interest expense recognition can defer tax liabilities, providing additional cash flow during the construction period. Limitations of Interest Capitalized Copied ...

Relief Type. Present Limit. Proposed Limit. Other Proposed Changes. Effective Date. Medical Treatment expenses for self, spouse and child: RM10,000: RM10,000 ...