Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

House Republicans are divided over some of the thorniest issues at the center of their plan to pass President Trump’s ...

The bills would increase deductions on the taxable income of Americans over the age of 65 and enjoying Social Security ...

State Representative Erin Paré said that as it stands right now, North Carolina law does not allow an itemized deduction for losses.

Pick an online calculator or a website that offers you the option to calculate income tax and returns for free. Now pick the financial year for which you would like to calculate the income tax. Also, ...

The leader of the tax policy panel in the New Mexico House of Representatives says he wants to renew a tax deduction for ...

With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Oklahoma Sen. James Lankford introduces a bill to prevent marijuana businesses from deducting business expenses from their ...

Trump has been criticized for concentrating on social issues, such as removing Spanish translations of federal government ...

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...

When the Tax Cuts and Jobs Act, which President Donald Trump signed in 2017, expires at the end of the year, current caps on ...