You might, depending on your income, but smart financial planning now can help lower or even eliminate your taxes in the ...

Calculating the home office deduction using the standard method involves completing IRS Form 8829 to calculate the amount of ...

Your employer may offer a health care or dependent care flexible spending account during open enrollment. Consider these ...

The central elements of a bid to revamp Louisiana’s tax system by swapping more sales taxes for a lower flat tax on income ...

Depreciation helps companies account for the declining worth of their assets. Learn about the different types of depreciation ...

THOUSANDS of low-income households will receive cash after losing out on their Winter Fuel Payments. Introduced during the ...

Capital gains are taxed for Missouri state income tax purposes in a much simpler manner ... Every Crypto Investor Should Know ...

President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could add trillions to the federal deficit.

In many cases, calculating the gain or loss on a bond redemption is fairly simple. If you take the redemption proceeds and ...

Step 3: Calculate Deductions Explore deductions available under different sections of the Income Tax Act, like Section 80C (for investments in Provident Fund, PPF, or life insurance), Section 80D (for ...

Chennai-based Sudarshan Jain was in for a shock when he checked his Employee Provident Fund (EPF) passbook in August this ...

Federal student loan payments resumed for more than 28 million borrowers in October 2023, derailing budgets and increasing monthly expenses for many over the past year. But there is a silver ...