Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social ...

The bill is sure to have more changes when it reaches the Senate, complicating its future after passing the House by a single ...

No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in his tax cut proposals. These were exempting tips, Social Security, and overtime pay from ...

Taxpayers in India can choose between two different regimes while filing their income tax returns --- each with a corresponding set of exemptions and benefits.

This can be done by eliminating the deductible allowances, such as House Rent Allowance (HRA), Leave Travel Allowance (LTA) ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

Finance Minister Nirmala Sitharaman continued the standard deduction benefit for salaried individuals and pensioners under ...