You can only use one method — the standard mileage rate or the business portion of actual expenses — for the same vehicle. More tax season:Deductions and credits may boost your refund.

This includes student loan interest deductions and standard deductions that can be taken. Whether you're doing your taxes yourself or paying someone else to do it, here's what to know about ...

Lisa Schiff became the country’s leading art consultant, and drew her clients close. Then she stole millions from them. Now facing up to 20 years in prison, is she ready to repent? By Sarah ...

All activities are free to the public. To request... February 9, 2025 at 3:39 a.m. “The Art of Judith Lowry” and “The Lowry & Croul Collection of Contemporary Native American Art” are two ...

Standard Chartered Plc , said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for ...

These recommendations aim to minimize errors, expedite refund processing, and ensure taxpayers take full advantage of available deductions and credits. The IRS encourages taxpayers to utilize ...

One of the key highlights of the new bill is the restructuring of tax deductions available under Section 80C of the Income-Tax Act, 1961. These deductions have been moved to a new section, Clause 123, ...

This calculation is based on the assumption that the individual is taking a standard deduction of Rs 75,000 under the new tax system. If a salaried employee also claims a deduction for their ...