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A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...
Relocating for a job can impact your tax situation. Understand how your move affects your income tax liability, deductions, ...
Have you ever been given a document so fat that it makes your college syllabus a meme? Yep, that is your employee settlement ...
On June 17, 2025, the Tax Court opinion in AbbVie Inc. and Subsidiaries v. Commissioner of Internal Revenue was ...
One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...
Filing the wrong ITR form for FY 2024-25 can delay refunds and attract notices. This article outlines simple steps to rectify incorrect ITR filing and avoid tax-related hassles.
Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...
An amendment tucked into the more than 1,000-page budget legislation by Senate Finance Committee Chairman Mike Crapo , R-Idaho, changed the tax code, limiting the amount gamblers can deduct from their ...