As the year comes to a close, homeowners have a lot to celebrate, especially when it comes to year-end tax benefits.

High-net-worth taxpayers who concentrate their philanthropic donations during this tax year can avoid new deduction floors ...

New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.

Nontaxable Income includes Gifts, Inheritances, Welfare, Child Support, Qualified Roth withdrawals, and up to $132,900 in ...

The New Albany Gazette employees’ Sharing at Christmas program, now in its 51st year, is becoming a special project of the ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...

The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.

Rent could be claimed as a tax deduction by those who work from home after an ABC presenter challenged a ruling.

The federal government has unveiled 50 tax exemptions and relief measures to reduce the burden on low-income earners, average taxpayers, and small businesses under the new tax reform laws taking ...

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...