Completing tax return without Form 16 can be confusing. Here is how you can easily file it when you don't have one.

The secret is in leveraging both tax deductions and tax credits. Before you start your tax return, let’s clarify the differences between a tax credit and a tax deduction and how both work to ...

The holidays have ended, and you have likely packed the decorations back into storage for another year. However, it is not ...

You can claim the travel deduction for a trip for medical or other reasons (such as vacation) that started from a prescribed zone and was taken either by you or by an eligible family member. Determine ...

If you're searching for tax deductions as a homeowner, renovations and remodels might not be the best place to look. There are some tax benefits to specific home improvements, especially if they ...

They said, a list of common employers (TDS deductors) has been identified and tax department would be reaching out to as many persons as possible who are suspected to have claimed bogus deductions ...

Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...

Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a key tax deduction in negotiations over a sweeping GOP policy bill ...

The standard deduction: The 2017 tax overhaul nearly doubled the standard deduction. In doing so it drastically reduced the number of filers who itemized their deductions, which you only do when ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...