IRS Section 180 allows taxpayers who farm to immediately deduct expenditures for inputs including fertilizer and lime, rather ...

Before you claim a key deduction, make sure you qualify.

The proposals span multiple policy areas, including tax exemptions, utility cost recovery, water use disclosures, ...

IRS tax refund 2026: Americans could see up to $1,000 more. IRS data and policy analysis show average tax refunds in 2026 may ...

The Income Tax department is seeking public feedback on draft rules aimed at simplifying tax filing under the new Income Tax Act, 2025. The proposed changes reduce the number of rules and forms, using ...

The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.

A veteran tax expert explains how overlooked credits and unfiled returns could mean thousands of dollars the IRS still owes ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet.

Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your ...

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...