You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

Among the most anticipated measures is an increase in the standard deduction, a tax break that provides relief to salaried individuals. Experts are pushing for a higher standard deduction ...

Tax deductions can lower your amount of taxable income, while tax credits can reduce the amount of tax you owe. If you take some time to research them, you could save hundreds, if not thousands ...

Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...

Income Tax Budget 2025 LIVE: The standard deduction is a flat amount that is deducted automatically from a taxpayer's yearly income. This reduces the total taxable income lowering the overall tax ...

Under the previous tax system, taxpayers benefited from substantial deductions such as house rent allowance, investment linked deduction (Section 80C), home loan interest (Section 24(b)), health ...

So if you use the personal loan for vacations, debt consolidation or living expenses, you can forget the deduction. There are some cases when you can deduct interest on personal loans. If you used ...

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.

The artist, who died at 85, used Indigenous imagery like the canoe and the buffalo the way Warhol used soup cans. By Jillian Steinhauer Claire Tabouret, an artist in Los Angeles, was chosen to ...

At the same time, they can also ensure you claim all of your allowances and other tax deductions, which should mean you don't end up paying too much tax. Be sure to check that the accounting ...