Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

A Holly Springs woman was sentenced to 52 months in jail for mail fraud in connection with falsely claimed IRS Employee ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

The IRS has unveiled the updated tax brackets for the 2025 fiscal year, reflecting a 2.8% increase to align with inflation.

There are several effective mechanisms to promote low-carbon lifestyles and advance sustainable development with the ...

The government has been talking about simplifying the tax structure to make it easier for taxpayers. Eliminating the 30% tax ...

While the old tax regime, with its deductions and exemptions, has been a longstanding feature, the government's push for the ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

Backed by the powerful corn lobby, Marquis Energy’s push to bury carbon emissions underground has sparked a fierce debate in ...

In this write-up, we will analyze which tax regime — old or new — is more advantageous for individuals with an annual income of up to ₹15 lakh. For this comparison, we will assume the taxpayer is ...