Plus: A new IRS commissioner, update on the Big Beautiful Bill Act, the jock tax, donating clothes to charity, IRS efforts to ...

Spreading your bill throughout the year is intended to make tax easier to pay, but if you're new to the system that first ...

Selling your longtime home and downsizing in retirement is a common practice for people entering their golden years. While ...

Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...

If you have multiple sources of income, diligently track, classify and reconcile them for taxes. Choose the correct ITR form, ...

The IRS requires a person to report your current gambling winnings on your federal income taxation. When you obtain a Form W-2G from a betting establishment, it can list your profits as well because ...

On June 11, 2025, the Securities and Exchange Commission (“SEC”) voted to extend the compliance date for the most recently ...

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...

On income tax portal, you can compute your tax payable by entering all the necessary figures such as total income earned, ...

Taxpayers should note that while HRA is an important component of one’s salary, deductions may not be claimed for the entire ...

Iowa Gov. Kim Reynolds signed legislation Friday that will repeal, adjust and create multiple tax credits, including ones ...