What if you earn more than Rs 12.75 lakh? Should you pick the new tax regime for lower rates or stick to the old one for deductions?

An affordable-housing deal that uses federal LIHTC funding is much more likely to achieve other key sources of financing for ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

Whether tax reforms in the Tax Cuts and Jobs Act of 2017 expire or are extended will impact most people's tax bills.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...

A person’s tax situation can depend on factors like their marital status and income level but there are many other things ...

While other parts of the Tax Code are updated routinely, the passive activity threshold threshold has stayed frozen in time, punishing hardworking Americans.

Tax season's officially open, but does everyone need to file taxes? No! Here's who needs to file taxes and who may want to anyway.

This year’s tax season begins Monday, Jan. 27, 2025, lasting through April 15. People filing taxes for income made in 2024 ...