The standard deduction was reintroduced in Budget 2018 at Rs 40,000 by then Finance Minister Arun Jaitley, replacing ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

New tax proposals aim to ease the burden on seniors by raising deductions for those over 65, offering potential relief from ...

ERIC PAUL ZAMORA [email protected] Democrats blasted Republicans for tilting most of President Donald Trump’s proposed ...

Of course, the most significant part of the tax plan is to make the tax cuts enacted during Trump's first term permanent.

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

Few tax matters have as many enemies as the so-called SALT deduction, the ability to deduct from your federal income taxes ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave ...

Today is a great day for Staten Islanders and Brooklynites who are desperate for tax relief so they can keep more of their ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...