The "One, Big, Beautiful Bill" seeks to make the 2017 tax cuts permanent and expand them further. Standard deductions would increase, child tax credits would rise to $2,500, and business owners would ...

Taking deductions when filing your taxes can reduce the amount you owe. But there are two different ways to claim deductions, and the one you choose can impact how much you save.

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

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 ...

Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...

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

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

Millions of workers hoping to grab Labor’s new $1000 “instant” tax deduction will be waiting a while, and even when it ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

We have a problem with many of the benefits in Republican’s new tax bill conveniently expiring just as President Trump leaves ...