Here's what you can deduct if you aren't itemizing, along with tax brackets, senior deductions including the phaseout ramp, ...

Social Security recipients will see a 2.8 percent boost in cost-of-living adjustment (COLA) for 2026, raising the average ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to bigger tax refunds. That’s if they play their cards right on the SALT ...

Understanding what deductions are coming out of your pay is key to knowing where all your money is going. More importantly, ...

The increase in the standard tax deduction from Rs 50,000 to Rs 75,000 was a significant step to alleviate financial strain on taxpayers. (PTI) Union Finance Minister Nirmala Sitharaman announced a ...