The Income Tax department has clarified that no change in Long-Term Capital Gains (LTCG) tax rate for individuals has been ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its ...

Many taxpayers this year are receiving their income tax refunds within just a few hours of filing their ITR online — a ...

3. Study the documents: Now you can compile and carefully study the documents to be referred to when filing your ITR. These ...

The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...

Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...

Wisconsin taxpayers over 67 can now exempt up to $24,000 in retirement income. In many cases, they won't pay state income taxes at all.