Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

For 2025, families with three or more children can receive up to $8,046 through the credit. Single filers can claim the maximum amount with adjusted gross income up to $61,555, while married couples ...

Delhi High Court upholds CIT(A) decision, allowing Section 80JJAA and prior period expense deductions for International Tractors Ltd., overturning ITAT ...

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...

President Donald Trump's tax bill, signed into law July 4, reduces how many losses a gambler can deduct. Here's how the ...