Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

The issue concerned a large Schedule BP deduction disallowed under section 37. The Tribunal held that prima facie the amounts were both added and allowed in the return, warranting fresh verification ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

In recent weeks, Nigeria has been awash with heated debates over the newly introduced tax law. From social media timelines to informal discussions in public spaces, opinions have been freely expressed ...

Many taxpayers might miss these valuable tax deductions and credits for 2026, from HSA contributions to the new senior deduction. Here's what you need to know.

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

IT services giant Wipro has tweaked its work from office policy, putting in more stringent checks for employees. The new ...

The Court held that reassessment was invalid where deduction under Section 80P(2)(d) was lawfully claimed by a co-operative society. It ruled that interest from co-operative banks remains deductible ...

The legislation made many of the changes from the Tax Cut and Jobs Act of 2017 permanent — adding both short- and long-term rules. Some of the new tax laws affect 2025 taxes (to be filed in 2026), but ...

Virginia’s sports betting handle reached $798,878,673 in November 2025, a 5% increase from the same month last year, ...