Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...

Section 80GGC allows taxpayers to claim deductions for contributions made to eligible political parties and electoral trusts.

As tax season approaches in 2025, understanding the standard deduction is crucial for reducing your taxable income and minimizing your tax bill.

Bonus depreciation was raised to 100 percent in 2017’s Tax Cuts and Jobs Act and was scheduled to fall by 20 percent a year ...

Himachal High Court held that as per section 43-B of the Income Tax Act deduction towards contribution to leave encashment ...

Some tax credits are partially refundable, meaning a portion of the ... you can use both deductions and credits to reduce the amount of tax you owe. While tax credits are more effective because ...

Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?

The standard deduction is the deduction most taxpayers claim. It simplifies tax filing, using an amount set by the IRS that is deducted from your taxable income according to your filing status.

The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

Miscellaneous Amount is an English word that is used in many sentences in different contexts. Miscellaneous Amount meaning in Urdu is a متفرق رقم - Mutafarraq Raqam. Miscellaneous Amount word is ...