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

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...

A steady stream of repayment allows the institution to monetise its loan portfolio and reduce government subsidy for the scheme THE irony of the poor repayment rate of student loans taken by ...

If you are paying child maintenance, more than 15% of your standard allowance might be deducted in order to pay this bill. This is known as a ‘last resort deduction’. The official Gov site ...

When filing taxes, you choose the greater of the standard deduction or your itemized deductions, including SALT capped at $10,000, medical expenses above 7.5% of your adjusted gross income ...

(AP) — Red-hot Journalism is the 3-1 morning-line favorite for the 151st Kentucky Derby with a ... drug test after crossing the finish line first in 2021. Rodriguez is at 12-1 while Citizen Bull is at ...

Thousands of runners have crossed the finishing line of the 45th TCS London Marathon as temperatures hit 22.2C in the capital. More than 56,000 participants were expected on the 26.2-mile course ...

At 9:45 p.m. Rome time, 12 hours before Pope Francis’ funeral ... “I came back to the Church thanks to you.” Among the first in line were also pilgrims from Portugal and El Salvador who ...

The Central Board of Direct Taxes (CBDT) has clarified that settlement payments made under key financial regulatory laws will no longer be eligible for tax deductions. This change, introduced through ...

But there are two different ways to claim deductions, and the one you choose can impact how much you save. The far more common method is standard deductions, which "nearly 90% of taxpayers claim ...

The income tax department on Thursday said taxpayers will not be allowed to claim deduction for expenditures incurred to settle proceedings initiated under four laws, including the Sebi and the ...

Understanding the Basics of Itemized vs. Standard Deductions The article explains how the IRS offers taxpayers the option of either a standard deduction or itemizing specific deductible expenses ...