Your homeowners insurance premiums aren't tax deductible, but you might be eligible for other property-related deductions.

One of the best things about being self-employed is that you are entitled to a whole host of tax deductions. Learn More: 7 ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

A message circulating on social media claims that as India commemorates 75 years of its Independence, senior citizens above 75 years of age will no longer have to pay taxes.

It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

Advance tax is payable by corporates whose estimated tax liability for the respective Financial Year is INR 10,000 or more.

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

Most homeowners with mortgages know they can deduct payments toward their loan interest, but many tax deductions and tax credits involved in owning a house are less obvious. Learn about all the ...

You calculate the deduction by completing Form 8829 ... Interest paid on your credit cards and loans Interest payments are considered tax-deductible if the line of credit or loan helped finance ...

Making charitable donations gives you the opportunity to do good and get a valuable tax deduction. In the case of a $100,000 adjusted gross income (AGI) with a $50,000 cash donation, you can ...

If you rent out your vacation home for at least 15 days per year, you may be eligible to deduct a portion of your HOA dues. Your home mortgage interest payments and state and local property taxes ...

The standard deduction ... 5 crore will pay a surcharge of 37% in the old tax regime. A rebate under Section 87A will be available for taxable incomes up to Rs 5 lakh in the old tax regime for FY 2023 ...