The Senate’s version of President Donald Trump’s proposed tax cut bill will cost the bottom 20% of taxpayers an average of ...

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...

With a middle-class tax cut promised by Prime Minister Mark Carney and the Liberal government coming into effect Tuesday, ...

Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

Ray D. Madoff is a professor at Boston College Law School and author of the forthcoming “The Second Estate: How the Tax Code ...

The main purpose of Monday’s meeting was to discuss the current proposal to renovate the police facility and build two new ...

Questions remain after a retroactive law causing Ohio business income on the sale of an equity interest was challenged in ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The tax implications of owning cryptocurrencies largely depends on how seriously an investor pursues and manages their ...