Welcome to The Hill’s Business & Economy newsletter{beacon}View Online Business & Economy Business & Economy   The Big Story ...

Stretch your dollars with our latest edition of ‘99 Great Ways to Save,’ plus a ton of other wallet-friendly tips ... The 2017 Tax Cuts and Jobs Act (TCJA) lowered five of the seven personal income ...

As the tax season approaches, the average salaried employee finds themselves juggling with a plethora of documents, doubts ...

The Senate’s version of the “big, beautiful bill,” which passed Tuesday, includes a $6,000 tax deduction for Americans 65 or ...

A new study from SmartAsset shows Lassen County was just ranked the most tax-friendly place for retirees in California, based on a detailed analysis of how tax policies affect retirees on a fixed ...

Tax deductions are subtracted from your taxable income, thereby lowering the amount of tax you owe. You can choose the standard deduction or itemize your deductions on Schedule A of Form 1040 or ...

ITR FY 2024-25 AY 2025-26: Salaries individuals must know the key differences between Form 16, Form 16A, and Form 16B. (file) Tax filing season begins for the financial year 2024-25, and the ...

As income tax return (ITR) filing season is going on, eligible social media influencers are also liable to pay their taxes. If they don't file their ITR, they may have to go through income tax (I-T) ...

However, if one spouse claims REPS, you can deduct $150,000 from your $250,0000 income, meaning you'll only be taxed on $100,000, which can result in a significant difference in tax liability.

The deadline for filing the Income Tax Return for the Financial Year 2024-25 has been extended to September 15. You have enough time, but you can start early to avoid a last-minute rush and related ...

The ITR or income tax filing is a crucial annual financial task that needs to be taken care of by many salaried and self-employed professionals. The income tax filing season for 2024-25 has started.

The Finance Act, 2020, reverted to the classical system of dividend taxation, where companies are not liable for DDT, but shareholders must pay tax on the dividend income received, based on their ...