Page 10 - Standard Deduction News Today

With 15 courses in this e-learning bundle, you could study tax prep, QuickBooks, and more, all at your own pace with complete lifetime access.

When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit...

Taxes are one of life’s certainties, but many of us aren’t sure we need to file a tax return or if we’re doing it properly. Here’s our guide.

The last date for filing income tax returns (ITR) for FY 2023 is approaching, and taxpayers are urged to file early. Filing early allows for evaluating deductions, such as investments in NPS, and tax-free savings account interest, among others

Here is a complete guide about the ins and outs of the standard deduction 2022. Read on to discover everything taxpayers need to know.

In this edition of Ask Money Today, read about the investments you can make that will help you reduce your tax outgo

Democrats see the proposal as deeply flawed.

Income earned from renting residential property is taxed under the head Income from House Property under Income Tax Act and is subject to tax based on the gross annual value

Income from house property, rental income and housing loans are important aspects of declaring your income from house property. Make sure you choose the right ITR form as well.

Read below to find out how income tax return form ITR-2 can be filed online for people with salary, capital gains and other income for FY 2022-23 (AY 2023-24). This form ITR-2 can also be filed using the income tax departments Excel or Java utilities. The e-filing website also allows individual to file ITR-2 completely online