The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

This bonus will come in addition to the existing extra standard deduction for seniors, which the IRS has increased as part of ...

Several taxpayers have received Income Tax Department alerts flagging refund mismatches. Affected individuals must review ...

Unlock overlooked tax deductions -- from medical costs to home office write‑offs -- to lower your taxable income and keep ...

Workers should know about limits on these rules, and employers should be prepared to provide information on tipped wages and ...

Discover when dental insurance premiums are tax-deductible and understand exclusions. Learn about coverage types and how cosmetic procedures impact deductions.

The Income Tax Department clarified today (Tuesday, December 23, 2025) why numerous taxpayers who requested tax deductions ...