The upcoming tax season is just 10 days away, and taxpayers may be deliberating on which tax regime to select for the next fiscal year. The Union Budget FY26 introduced significant tax benefits ...

The U.S. Senate has passed a new bill that would offer ... to seek advancement of a massive tax cut and spending package that will create a tax break on tips for the next four years.

Lifting the $10,000 cap on SALT deductions, which was imposed by Trump's 2017 tax law, is a make-or-break issue for several GOP lawmakers in high-tax states like New York and New Jersey ...